ITM Power (GB:ITM) has released an update.
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ITM Power PLC has announced the grant of nominal cost option awards over ordinary shares to certain employees as part of the Deferred Annual Bonus Plan, with no further performance conditions except continued employment at the vesting date. The awards, based on the closing share price on the previous day, involve key executives such as CEO Dennis Schulz, CFO Andrew Allen, and CTO Simon Bourne. These grants are part of the company’s incentive plan, rewarding employees for their contributions and aligning their interests with those of the company.
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