TheWorks.co.uk plc (GB:WRKS) has released an update.
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TheWorks.co.uk plc has granted Long Term Incentive Plan awards to its CEO Gavin Peck and CFO Rosie Fordham, with Peck receiving 1,216,688 shares and Fordham 550,000 shares, based on a share value of £0.40. These awards, which are granted as nil-cost options, are subject to performance conditions and a subsequent two-year holding period. This move could signal the company’s confidence in its future earnings and stock performance, potentially influencing investor sentiment.
For further insights into GB:WRKS stock, check out TipRanks’ Stock Analysis page.
