Australia's BluGlass climbs as co appoints new president

Bluglass

21/09/2021 06:50

** Shares of semiconductor maker BluGlass Ltd  BLG.AX  rise
as much as 9.4% to A$0.04, mark their best session since Aug 10
    ** Co appoints James Haden as its president, effective
immediately  urn:newsml:reuters.com:*:nFWN2QM0TW
    ** Co says Haden has held senior executive roles at several
of BluGlass' prospective customers and competitors
    ** Says Haden will be issued with 15 mln performance rights,
which will be subject to predetermined vesting conditions and
time-frame
    ** More than 3.5 mln shares change hands vs the 30-day
average volume of about 2.4 mln
    ** Stock down 62.57% YTD, as of Monday's close 
    

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))