Kistos PLC (GB:KIST) has released an update.
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Kistos Holdings PLC has awarded options over ordinary shares to certain directors and announced the adoption of a new Share Incentive Plan (SIP) for qualifying employees, enabling them to acquire shares through salary deductions. The options granted have an exercise price of £1.30 per ordinary share and will vest over three years, provided the directors maintain their employment. Employees can also receive additional shares through the SIP, capped at a £1,800 investment per annum.
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