Kaya Limited has informed the Exchange about the issue of Restricted Stock Units
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Kaya Limited has informed the stock exchange about the issuance of Restricted Stock Units (RSUs) to its employees. RSUs are a form of stock-based compensation where employees receive shares after meeting certain vesting conditions over time. Specific details such as the number of RSUs granted, the recipients, and the vesting schedule were not disclosed in the headline. Such issuances are typically made under an existing Employee Stock Option Scheme (ESOS) approved by the board and shareholders.
This is a routine employee compensation action and may lead to minor share dilution when the RSUs vest and convert into shares. It is unlikely to have a material impact on the stock price in the short term.