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ASX:CTT

4 stories mentioning ASX:CTTUpdated 7d ago

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Asia

Update: Cettire Approves New Long-Term Incentive Grants for CEO, CFO; Shares Gain 3%

(Updates with the stock movement in the headline and last paragraph.)Cettire's (ASX:CTT) board authorized new long-term incentive programs for Group CEO Dean Mintz and CFO Tim Hume following an annual remuneration review, according to a Tuesday filing with the Australian bourse.The new grants, which reflect current market conditions and aim to retain "leadership through a period of sector headwinds," remain largely performance-based, with vesting based on performance and continued service over a multi-year period, per the filing.Performance rights for Mintz feature a five-year vesting duration, while Hume's arrangement includes progressive vesting terms extending through August 2029.The company's shares gained nearly 3% in recent Wednesday trade.

ASX:CTT
Asia

Cettire Approves New Long-Term Incentive Grants for CEO, CFO

Cettire's (ASX:CTT) board authorized new long-term incentive programs for Group CEO Dean Mintz and CFO Tim Hume following an annual remuneration review, according to a Tuesday filing with the Australian bourse.The new grants, which reflect current market conditions and aim to retain "leadership through a period of sector headwinds," remain largely performance-based, with vesting based on performance and continued service over a multi-year period, per the filing.Performance rights for Mintz feature a five-year vesting duration, while Hume's arrangement includes progressive vesting terms extending through August 2029.

ASX:CTT
Asia

Update: Cettire to Expand China Footprint With Planned Launch on TMall Global; Shares Up 15%

(Updates to add stock movement in the headline and last paragraph)Cettire (ASX:CTT) said it will broaden its global footprint through the launch of a flagship store on TMall Global, Alibaba Group's cross-border e-commerce platform, marking its entry into mainland China, according to an Australian bourse filing on May 29 after market hours.The move complements the company's existing presence on JD.com and its direct-to-consumer platform cettire.cn, launched in June 2024, per the filing.The company will continue using its proprietary technology and global supply chain for fulfillment without maintaining local inventory, with the TMall Global launch contingent on completing technology integration expected in the first quarter of fiscal 2027, the filing added.The company's shares jumped around 15% in recent Monday trade.

ASX:CTT
Asia

Cettire to Expand China Footprint With Planned Launch on TMall Global

Cettire (ASX:CTT) said it will broaden its global footprint through the launch of a flagship store on TMall Global, Alibaba Group's cross-border e-commerce platform, marking its entry into mainland China, according to an Australian bourse filing on May 29 after market hours.The move complements the company's existing presence on JD.com and its direct-to-consumer platform cettire.cn, launched in June 2024, per the filing.The company will continue using its proprietary technology and global supply chain for fulfillment without maintaining local inventory, with the TMall Global launch contingent on completing technology integration expected in the first quarter of fiscal 2027, the filing added.

ASX:CTT

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