Transense Technologies PLC (GB:TRT) has released an update.
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Transense Technologies PLC has announced the grant of 125,000 share options to its Managing Director, Ryan Maughan, under the company’s share option scheme, with an option price set at 10 pence per share. The company also intends to increase the limit for granted options to 15% of its issued share capital over ten years, following positive consultations with major shareholders. This move is part of a broader remuneration strategy aiming to align management objectives with long-term shareholder value and to attract and retain executive talent.
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