Summary by Moomoo AI
COALMINE AUSTRALIA LIMITED (THE “COMPANY”) ANNOUNCED ON 7 MARCH 2024 THAT A NUMBER OF QUALIFYING PERFORMANCE SHARES HAVE BEEN DEPRIVED OF EMPLOYEE SEVERANCE RIGHTS UNDER THE COMPANY'S GLOBAL EQUITY INCENTIVE SCHEME. The share incentive plan received shareholder approval at the Annual Meeting on 30 May 2018. This withdrawal includes long-term incentive plans from 2021 and 2022, as well as short-term incentives for 2021 and 2022. Specifically, 65,671 shares were forfeited from the 2021 long-term incentive plan with a vesting date of December 31, 2023; the 2022 long-term incentive plan forfeited 59,900 shares and the allotment date was December 31, 2024; the 2021 short-term incentive plan forfeited 121,740 shares, and the 2022 short-term incentive plan forfeited 65,833 shares, of which 50% will be forfeited Belonged on 1 March 2024 and the remaining 50% will be vested on 1 March 2025.