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Porvair Grants SAYE Options to CEO Designate

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The latest update is out from Porvair ( (GB:PRV) ).

Porvair plc announced the grant of options under its Save As You Earn (SAYE) scheme, including to CEO designate Hooman Caman Javvi. The options, priced at 581 pence per share, have no performance conditions and contribute to a total of 871,918 options in issue, representing about 1.9% of the company’s shares. This move reflects Porvair’s commitment to incentivizing its leadership and aligning their interests with company growth, potentially impacting its market positioning positively.

More about Porvair

Porvair plc is a group specializing in filtration, laboratory, and environmental technology. The company designs and manufactures bespoke consumable filtration products for niche markets and operates in three divisions: Aerospace & Industrial, Laboratory, and Metal Melt Quality.

YTD Price Performance: -4.23%

Average Trading Volume: 58,242

Technical Sentiment Signal: Sell

Current Market Cap: £311M

See more data about PRV stock on TipRanks’ Stock Analysis page.

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