Stelrad Group Plc ( (GB:SRAD) ) has provided an announcement.
Stelrad Group PLC announced the granting of conditional rights to acquire ordinary shares to its Executive Directors under the Stelrad Deferred Share Bonus Plan. This move, which involves shares awarded to CEO Trevor Harvey and CFO Leigh Wilcox, reflects bonuses earned for the 2024 financial year and is set to vest in two years, potentially impacting executive retention and aligning management interests with shareholder value.
More about Stelrad Group Plc
Stelrad Group PLC operates in the heating industry, specializing in the manufacturing and distribution of radiators and related products. The company focuses on providing efficient heating solutions across various markets.
YTD Price Performance: -1.85%
Average Trading Volume: 89,879
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £169.4M
See more insights into SRAD stock on TipRanks’ Stock Analysis page.