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Ibstock Plc Grants Executive Bonus Awards

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Ibstock Plc Grants Executive Bonus Awards

Ibstock ( (GB:IBST) ) has shared an announcement.

Ibstock Plc has announced the grant of awards under its Annual and Deferred Bonus Plan (ADBP) for its executive directors. The awards, which are structured as nil cost options, are part of the deferred portion of the 2024 bonus entitlements for CEO Joseph Hudson and CFO Christopher McLeish, covering 81,261 and 54,673 ordinary shares respectively. These awards are set to vest on March 20, 2028, contingent on continued employment with the company, and can be exercised until the day before the tenth anniversary of the award date.

More about Ibstock

YTD Price Performance: -1.93%

Average Trading Volume: 731,234

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £679.3M

For detailed information about IBST stock, go to TipRanks’ Stock Analysis page.

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