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SThree plc Announces Executive Share Award Vesting

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SThree plc Announces Executive Share Award Vesting

SThree plc ( (GB:STEM) ) has issued an announcement.

SThree plc announced the vesting of conditional awards under its Long Term Incentive Plan for CEO Timo Lehne and CFO Andrew Beach, based on performance metrics such as EPS, TSR, OP conversion ratio, and ESG measures, with a vesting rate of 16.2% of the maximum. The transactions involved the vesting and subsequent sale of shares to cover tax liabilities, with remaining shares retained, reflecting the company’s commitment to aligning executive incentives with performance and shareholder value.

More about SThree plc

SThree plc operates in the staffing and recruitment industry, providing specialized recruitment services across various sectors including technology, engineering, and life sciences. The company focuses on connecting skilled professionals with businesses in need of their expertise, catering to a global market.

YTD Price Performance: -16.55%

Average Trading Volume: 351,998

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £324.4M

For a thorough assessment of STEM stock, go to TipRanks’ Stock Analysis page.

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