One Year Anniversary - from 11th July 202317 Jul 2024 07:33
May be this has something to do with the recent fall? Could it be that some founding shareholders were locked in for a year?
From the IPO below, Share incentives were issued (to key staff) but these do not vest until the 2nd and 3rd anniversaries so 2025 and 2026. Also, key Directors would need to disclose if trading?
Just a thought?
Regards,
BW
iv. Long Term Incentive Plan
Immediately after Admission, a long term incentive plan was implemented for executive directors, members of the Executive Committee and other senior managers. The scheme involves share awards (over a total of 3,321,536 Ordinary Shares) which vest in relation to periods ending 31 December 2024 and 31 December 2025 with metrics depending on (i) earnings per share and (ii) total shareholder returns relative to the FTSE 250 (excluding investment trusts). Whilst the performance periods relate to the Company's financial years, the awards will not vest until the second and third anniversaries of the initial implementation date (11 July 2023).
There are no non-adjusting events after the reporting period with the exception of the events noted above.