An update from Foxtons ( (GB:FOXT) ) is now available.
Foxtons Group PLC announced the grant of Salary Substitute Restricted Share Awards under its 2020 Restricted Share Plan to key executives. CEO Guy Gittins and CFO Chris Hough have opted to exchange 10% of their cash salaries for these share awards, which are structured as nil cost options. This move aligns executive compensation with company performance and shareholder interests, potentially impacting the company’s operational strategies and market perception positively.
More about Foxtons
Foxtons Group PLC operates in the real estate industry, primarily offering estate agency services. The company is known for its focus on the London property market, providing services such as property sales, lettings, and mortgage broking.
YTD Price Performance: -13.33%
Average Trading Volume: 400,791
Technical Sentiment Signal: Sell
Current Market Cap: £186.6M
For an in-depth examination of FOXT stock, go to TipRanks’ Stock Analysis page.