The board of Pushpay (ASX:PPH) has decided to continue offering financial assistance to select eligible people to purchase shares in the company as part of the company’s share incentive scheme.
Under the scheme, participants are entitled to purchase a number of shares in the company at the invitation of the board.
Interest-free loans are available to employees, directors and individuals who provide services as independent contractors to assist with their acquisition of the incentive shares.
Financial assistance has been available over the past 12 months, with more than $1 million in loans already made out under the scheme.
The company will continue with the scheme over the next 12 months.
Shares in Pushpay (ASX:PPH) closed 2.37 per cent lower to $3.30.