Yancoal Australia Ltd. has announced the issuance of 682,609 performance share rights to certain senior executives as part of its 2025 Long Term Incentive Plan. This plan, which forms part of the company's overarching Equity Incentive Plan, was approved by shareholders in 2018. The awarded LTIP Rights, which carry no issue price, are to be settled in equity equivalent, meaning that the eligible participants will receive existing shares upon vesting and exercise of these rights. This issuance represents approximately 0.05% of the company's issued share capital and is part of the remuneration package outlined in the service contracts of the eligible participants. The plan's details were approved by the Board on February 20, 2025.
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