THG (GB:THG) has released an update.
THG PLC has awarded nil cost share options to key executives under its 2022 Long Term Incentive Plan, with grants vesting on the third anniversary based on specific performance targets, including relative TSR versus the FTSE 250 Index and ESG strategy achievements. Damian Sanders and John Gallemore, CFO and COO respectively, received equal shares amounting to 1,923,077 each. The plan incentivizes management to align with the company’s long-term growth and sustainability goals.
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