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NamibiaOct 31, 2026, 6:00 AM
🇳🇦 NamibiaNEWS DESKPublisher image not supplied
NEWS DESKNamibia
PUBLISHEDOct 31, 2026, 6:00 AM
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Elevate Uranium grants employees securities under incentive plan Elevate Uranium Limited has granted more than 5. 4 million performance rights and options to eligible employees under its 2026 Incentives Award Plan. The company, which is registered as an external company in Namibia, announced on 28 October that it had issued three categories of unlisted securities as part of its employee incentive programme. These include 1. 03 million long-term incentive (LTI) performance rights, 2. 8 million LTI options and 1. 59 million short-term incentive (STI) performance rights. The long-term performance rights were granted at no cost, carry no exercise price and are subject to vesting conditions. They expire on 26 October 2030. The short-term performance rights were granted free of charge, carry no exercise price and are subject to vesting conditions and expire on 26 October 2028.

Performance rights generally give employees the right to receive shares if specified conditions are met, while options give holders the right to acquire shares at a set price, subject to the applicable terms. The grants are intended for eligible employees under the company’s incentive plan. Elevate Uranium chief executive and managing director Murray Hill issued the announcement on behalf of the board. The company’s shares trade on the Australian Securities Exchange under the code EL8 and on the Namibian Securities Exchange (NSX) under the code EL8. IJG Securities is the company’s NSX sponsor. Anirep renews caution as negotiations continue • SHANIA LAZARUS ALPHA Namibia Industries Renewable Power Limited (Anirep) has renewed its cautionary announcement, warning shareholders that ongoing negotiations could have a material effect on the company’s share price if successfully concluded. In a notice issued on…

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Main source: The Namibian

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