HLO shares issued

HLO shares issued

HELLOWORLD Travel yesterday issued 32,750 new shares, worth just over $150,000 at the current price of $4.79 each.

The shares were issued for “nil cash consideration as part of the Helloworld Travel Member Loyalty Bonus Scheme” and will be held in escrow until the vesting date of 31 Oct.

Details of the member to whom they were issued were not provided, but the shares will be forfeited if the owner is no longer a member of the Helloworld network on the vesting date.

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Source: traveldaily