Future plc (GB:FUTR) has released an update.
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Sharjeel Suleman, the newly appointed CFO of Future plc, has been awarded nil-cost options over ordinary shares as part of a buyout agreement following his departure from ITV. The awards, which are set to vest on specific dates between 2025 and 2027, are not subject to performance conditions but are based on time, mirroring the vesting dates of the forfeited ITV awards. These compensatory shares are calculated on the average closing prices of Future and ITV shares preceding Suleman’s join date, with full details to be disclosed in the company’s next annual report.
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