Wizz Air Holdings (GB:WIZZ) has released an update.
Wizz Air Holdings Plc has announced the issuance of performance-based option awards under its Omnibus Share Plan to key management personnel, with the potential for full vesting if share price targets are met over a set period. These awards, granted at no initial cost to the recipients, align with the company’s long-term incentive strategies and are exercisable within ten years. This move reflects Wizz Air’s commitment to driving growth and shareholder value through management incentives.
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