Iomart Group plc (GB:IOM) has released an update.
Iomart Group PLC, a leading secure cloud services provider, has announced the grant of stock options to its CEO, Lucy Dimes, and CFO, Scott Cunningham, aligning leadership interests with the company’s long-term performance. The options, exercisable at 1p each, will vest over a three-year period contingent on meeting certain performance targets. This strategic move involves a total of 721,374 new options, increasing the executives’ stake in the company and potentially signaling confidence in its future growth.
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