Bloomsbury Grants Shares to Executives on Performance Basis

Bloomsbury Publishing (GB:BMY) has released an update.

Bloomsbury Publishing Plc has awarded conditional share awards under its 2023 Executive Share Plan to key senior management members, with the shares priced at £6.86 based on the prior day’s closing price. The vesting of these awards is contingent on meeting certain performance targets over the next three years, including earnings per share and operating profits across various segments of the company. These grants, which include a two-year post-vesting holding period for Executive Directors, represent a commitment to long-term performance and growth.

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