Calnex Solutions Seeks to Boost Incentive Schemes

Calnex Solutions (GB:CLX) has released an update.

Calnex Solutions PLC aims to amend its incentive schemes by increasing the share option limit from 10% to 12.5% of the issued share capital to better incentivize its key staff and stay competitive in the market. The proposal, which comes after a shareholder consultation, requires approval at a general meeting scheduled for October 2, 2024. The move is intended to address the need for more headroom to issue share-based options and ensure the company’s ability to attract and retain talent in its industry.

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