HCSlingsby plc (GB:SLNG) has released an update.
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HC Slingsby PLC is issuing 52,500 new ordinary shares to grant a discretionary bonus valued at £157,500 to Group Chief Executive Morgan Morris, with shares scheduled to be traded on AIM from November 4, 2024. This move increases Morris’s stake to 14.33% of the company’s voting rights. The transaction has been deemed fair to shareholders by the independent director, following consultation with the company’s adviser.
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