Pinnacle Investment Management Group buy-back and cancellation of shares

Company News

by Rachael Jones

Pinnacle Investment Management Group (ASX:PNI) is undertaking an employee share scheme buy-back of 150,000 ordinary shares.

Buy-back and cancellation of the shares granted is under Pinnacle Omnibus Incentive Plan.

The Shares are presently held by former employee or employees who are no longer entitled to the Shares in accordance with the terms of the Plan.

This will be implemented on 18 September 2019.

Shares in Pinnacle Investment Management Group (ASX:PNI) are trading 0.89 per cent higher at $4.54.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.