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Spenda Limited (ASX:SPX)

ALERT: Price-sensitive ASX Announcement for SPX
Current share price for SPX : $0.004 0.002 (75%)+
Announcement
Release
28 Jan 2026 10:22AM
Price at Release
$0.002
Full Release
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Summary
Spenda Limited (ASX: SPX) announced the appointment of Corrie Hassan as the permanent CEO, effective immediately. This follows her interim role since September 2025. The CEO employment contract includes an unchanged annual base salary of $275,000, excluding statutory superannuation, with annual reviews for inflation and discretionary board adjustments. The contract is a standard rolling agreement with termination notices of 1 month by the CEO and 2 months by the company. Short-term incentives (STI) and long-term incentives (LTI) may be awarded based on performance metrics such as revenue, EBITDA, and operational KPIs, and can be paid in shares, options, or cash. Spenda is an integrated business platform providing software solutions and payment processing to enhance supply chain efficiency.
Key Points
  • Corrie Hassan appointed as permanent CEO of Spenda Limited.
  • Annual base salary set at $275,000 with annual reviews.
  • Standard rolling contract with termination notice periods: 1 month by CEO, 2 months by the company.
  • Short-term and long-term incentives based on performance hurdles.
  • Incentives payable in shares, options, or cash.
  • Spenda Limited provides integrated software and payment solutions for supply chain efficiency.
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.