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FINWIRES

OIO Issues Over 1 Million Shares to Executive Chairman

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Blockchain specialist OIO (SGX:KUX) issued and allotted more than 1 million shares to its executive chairman, Yusaku Mishima, as part of its performance share plan, according to a Tuesday filing with the Singapore Exchange.

The shares were issued following the satisfaction of the time-based service condition by Mishima.

The new shares are expected to be listed and quoted on June 4, the filing added.

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