YANCOAL AUS (03668.HK): Issues 959,151 Performance Rights under 2026 Long-Term Incentive Plan

NewTimeSpace News: On 8 September 2026, Yancoal Australia Ltd (stock code: 03668) announced that it has issued 959,151 performance rights under the 2026 long-term incentive plan of its vesting plans, at a nil issue price, to eligible participants who were certain senior executives of the Company at the time of vesting approval (8 of whom are also directors of subsidiaries).

According to the announcement, the performance rights have a nil exercise price and are subject to vesting conditions based on relative earnings per share and cost target hurdles, with vesting to be determined after the performance period ends (31 December 2028) at the Board's discretion; of the rights issued, 28,012 lapsed immediately upon issue due to employee departures, leaving 931,139 performance rights outstanding, relating to approximately 0.07% of the issued share capital.

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