BBGI Satisfies Management Incentives with Share Transfer

BBGI Shs Ordinary (GB:BBGI) has released an update.

BBGI Global Infrastructure S.A. has transferred 962,307 Ordinary Shares from its treasury on 15 May 2024 to fulfill share awards for its Management Board under the LTIP and STIP, with no payment required from recipients. Post-transfer, the company’s treasury holds 145,079 shares, which is 0.02% of the total issued share capital, leaving an issued capital of 714,731,558 Ordinary Shares with voting rights. This capital adjustment is relevant for shareholders concerning the FCA’s Disclosure Guidance and Transparency Rules.

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