Royal Mail Executives Granted Performance Shares

Royal Mail (GB:IDS) has released an update.

International Distribution Services plc has announced the grant of conditional performance-based share awards to three key executives as part of their Long-Term Incentive Plan (LTIP) and Deferred Share Bonus Plan (DSBP), intended to align management’s interests with those of shareholders. The shares will vest in 2027, subject to company performance and a mandatory two-year holding period post-vesting. The announcement also outlines the potential for early vesting should a takeover offer from EP Group be successful.

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