Ongoing Disclosure Notice
SHINTR
Fri, Apr 05 2024 01:18 pm
Please find attached an ongoing disclosure notice for Gentrack Group Limited (NZX/ASX: GTK).
Gentrack adopted a Senior Management Long Term Incentive Scheme (Senior Management LTI Scheme) by Board resolution dated 27 April 2016. The Gentrack Chief Financial Officer, John Priggen, was issued 67,793 ordinary shares as part of his remuneration under the Senior Management LTI Scheme with a vesting date of 31 March 2024. On the issue of these shares a tax liability was triggered, accordingly a corresponding amount of shares (29,829) was sold on market to cover the expected tax liability. Mr. Priggen retains 37,964 vested shares in Gentrack and other performance rights previously disclosed.
ENDS
Contact details regarding this announcement:
Anna Ellis – Company Secretary
+64 204 020 3980
About Gentrack
We are entering a new era, with utilities worldwide transforming to meet business and sustainability targets. For over 35 years Gentrack has been partnering with the world’s leading utilities, and more than 60 energy and water companies rely on us.
Gentrack, with our partners Salesforce and AWS, are leading todays transformation with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and composable technology, g2.0 allows utilities to launch new propositions in days, reduce cost-to-serve and lead in total experience. https://www.gentrack.com
Announcement PDF
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