Ten Lifestyle Group (GB:TENG) has released an update.
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Ten Lifestyle Group PLC has announced an extension of the exercise period for share options under its salary sacrifice schemes until March 2026, aiming to improve employee retention and align interests with shareholders amid ongoing market challenges. This extension applies to three remaining tranches after one tranche lapsed in March 2024, with the board considering the move fair and reasonable for shareholders. The schemes have so far saved the company £2.2 million and brought in £2.5 million from exercised options.
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