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Income Asset Management Group Limited (ASX:IAM)

ALERT: Price-sensitive ASX Announcement for IAM
Current share price for IAM : $0.019 -0.01 (-34.48%)+
Announcement
Release
31 Oct 2025 10:09AM
Price at Release
$0.029
Full Release
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Summary
Income Asset Management Group Limited (ASX: IAM) has issued equity-linked securities to key staff, which may convert to 34,000,000 ordinary shares, representing about 3.7% of the current shares on issue. The new issuance of 34,000,000 Zero Exercise Price Options (ZEPOs) aims to refresh the company’s staff incentive framework, enhancing alignment with shareholder outcomes. Each ZEPO will convert to one fully paid ordinary share upon exercise, with a three-year vesting period and a 10-year expiry. This initiative supports IAM’s strategy to align staff with long-term shareholder value, attract and retain talent with competitive remuneration, and preserve cash reserves by using equity-based incentives.
Key Points
  • Equity-linked securities issued to key staff.
  • 34,000,000 ZEPOs convertible to shares.
  • ZEPOs have a three-year vesting period.
  • ZEPOs expire 10 years after issuance.
  • Initiative aligns staff with shareholder value.
  • Supports competitive remuneration and talent retention.
  • Preserves cash reserves through equity incentives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.