Titon Holdings (GB:TON) has released an update.
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Titon Holdings Plc has announced the grant of 150,000 option shares to CEO Tom Carpenter under the EMI Share Option Plan 2021, subject to performance conditions outlined in the company’s annual report. These options are set to vest in three years and can be exercised at a price of 70 pence per share within seven years of vesting. The grant represents a strategic move to incentivize the Chief Executive’s performance, linking it closely with the company’s success.
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