T.Clarke plc (GB:CTO) has released an update.
TClarke plc, a prominent Building Services Group, has announced the vesting of their 2021 Equity Incentive Plan, resulting in the immediate exercising of 876,280 share options by senior managers. The company has facilitated the exercise of these options by settling tax and national insurance liabilities, with the shares provided from both the transfer of existing shares and the issuance of new ones. These transactions are expected to be reflected on the Main Market of the London Stock Exchange by May 1, 2024.
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