CEO Share Purchase
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CEO Share Purchase
Dear Investors,
Spectur Limited (ASX: SP3) is delighted to inform you that our newly-appointed CEO, Anthony Schmidt, has opted to purchase 1.75 million shares in the company as part of a "shares in lieu of cash remuneration" agreement. By forgoing his after-tax salary for four consecutive fortnightly pay cycles, Mr. Schmidt will be granted these shares at an effective price of 1.47 cents per share. This decision reflects Anthony's confidence in Spectur and showcases his commitment to our organization's growth.
As Board Chair, Darren Cooper expressed, this gesture, while modest in monetary terms, symbolizes the CEO's belief in the company's potential. Anthony's personal investment in Spectur, coupled with his entitlement to shares under existing Performance and Retention Rights agreements, underlines his dedication to our success.
If you have any questions about this recent development or would like further information about Spectur, please feel free to reach out to us. We value your interest in our company and look forward to engaging with you.
Warm regards,
Spectur Limited
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