Ongoing Disclosure Notice
SHINTR
Thu, Dec 12 2024 10:35 am
Please find attached an ongoing disclosure notice for Gentrack Group Limited (NZX/ASX: GTK).
On 10 December 2024, 1,114,083 ordinary shares vested and were issued to Mr Miles as part of his remuneration under the Gentrack 2021 CEO Award, 2022 CEO Award and the 2023 Senior Management LTI Scheme. On the issue of these shares a tax liability was triggered, and accordingly a corresponding amount of shares (527,519) was sold on market to cover the expected tax liability. Mr. Miles retains 1,771,665 vested shares in Gentrack and other performance rights previously disclosed.
ENDS
Contact details regarding this announcement:
Anna Ellis – Company Secretary
+64 9 966 6090
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 today’s 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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