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ZIGUP plc Awards Nil Cost Options to Key Executive
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ZIGUP plc Awards Nil Cost Options to Key Executive

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An update from Redde Northgate ( (GB:ZIG) ) is now available.

ZIGUP plc announced the grant of nil cost options over its ordinary shares under its Long-Term Incentive Plan to Matthew David Barton, who serves as the General Counsel & Company Secretary. These options, which total 83,555 shares, are set to become exercisable following a three-year performance period, contingent on performance conditions and continued service. This move, in compliance with the Market Abuse Regulation, highlights ZIGUP’s efforts to align management incentives with shareholder interests, potentially impacting stakeholder perceptions positively.

More about Redde Northgate

YTD Price Performance: -3.24%

Average Trading Volume: 508,161

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £751.6M

Learn more about ZIG stock on TipRanks’ Stock Analysis page.

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