James Cropper (GB:CRPR) has released an update.
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James Cropper PLC has awarded a series of nil-cost options to its senior managers, including the CEO and CFO, as part of its Long-Term Incentive Plan, with vesting contingent on hitting performance targets related to profit growth and carbon emission reductions over the next three years. The options are exercisable between the third and tenth anniversary of the award date but will lapse if performance is below the set thresholds. The move signals the company’s commitment to both financial growth and environmental responsibility.
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