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Redde Northgate ( (GB:ZIG) ) has provided an update.
ZIGUP plc announced that Harvey Stead, the Chief Operating Officer, exercised his vested options over ordinary shares under the company’s 2019 Executive Performance Share Plan. On January 17, 2025, he sold 8,164 shares at £3.13 each on the London Stock Exchange to cover tax and social security obligations arising from the vesting, while transferring the remaining shares to his nominee account, maintaining beneficial ownership. This transaction reflects the ongoing processes of share management and executive compensation within the company, aligning with market regulations and executive obligations.
More about Redde Northgate
ZIGUP plc operates in the financial sector, focusing on the management of shares and executive performance plans. The company issues ordinary shares and provides options under executive performance share plans, primarily targeting managerial staff and stakeholders in the financial markets.
YTD Price Performance: -2.64%
Average Trading Volume: 566,949
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £698.1M
For a thorough assessment of ZIG stock, go to TipRanks’ Stock Analysis page.