Magellan's options plan could raise $1.2b - Markets - The Australian Financial Review

Magellan has outlined its strategy to retain staff with a new bonus scheme, and targeted April 2027 as the latest date to get its shares back above $35 for stakeholders.

The fund manager said the staff options will vest and become exercisable from September 1, 2024, conditional on employees staying with the group. Beyond this, it will also offer staff new retention b… [+2358 chars]

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