Reach plc (GB:RCH) has released an update.
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Reach plc announced the release of 536,435 ordinary shares to CEO Jim Mullen, following a two-year holding period under the company’s Long-Term Incentive Plan. Additionally, 103,055 dividend equivalent shares were released, with a portion sold to cover tax liabilities. This move highlights Reach’s strategic use of incentive plans to retain and reward key executives.
For further insights into GB:RCH stock, check out TipRanks’ Stock Analysis page.
