Issue of Shares
OFFER
Fri, May 30 2025 04:08 pm
AoFrio Limited (AoFrio) implemented a new executive long-term incentive scheme (LTI Scheme) on 14th April 2025 designed to better encourage long term performance and promote employee retention. This LTI Scheme replaced the previous performance share plan that operated until 2016, which involved partly paid shares.
Today, AoFrio has issued 2,379,036 ordinary shares to the AoFrio Executive Team (excluding the CEO) recognising LTI Scheme performance from 2016 through to the end of 2024.
A capital change notice in respect of the issue accompanies this announcement.
Announcement PDF
Markets News
Markets
NZ sharemarket shakes off Wall Street fall to end firm
New Zealand shares shook off weakness in overseas markets.
Markets
Seeka uncovers $350k fraud, sacks employee
Three companies have been identified as being involved in the fraud, CEO says.
