RE: 90mln ( £90k)17 Apr 2026 06:55
Management Incentive Plan
Further to the announcement of 16 January 2026, the Board has approved the performance milestones associated with the Company's Management Incentive Plan ("MIP"), which relate to up to 300,000,000 ordinary shares currently held in a share trust.
Under the MIP, the release of these shares is subject to the achievement of market capitalisation milestones ranging from £20 million to £200 million, measured over a 30 consecutive trading day period based on average closing prices. A maximum of 100,000,000 shares may be awarded in any single calendar year.