Telecom Plus Grants Executive Share Options

Telecom Plus (GB:TEP) has released an update.

Telecom Plus PLC has announced the issuance of share options to its executive directors under the company’s incentive plan, with a vesting period of two years followed by a two-year holding period. The grants, part of the 2024 awards, are based on the average mid-market share price for the financial year ending 31 March 2024. Notably, the transactions occurred off-market and involve key executive personnel including Co-CEOs Andrew Lindsay and Stuart Burnett, as well as CFO Nick Schoenfeld.

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