Currys plc (GB:CURY) has released an update.
Currys plc has announced the grant of share awards to key management personnel under its Long Term Incentive Plan 2016, with Alex Baldock and Bruce Marsh receiving significant awards that will vest in 2027, subject to performance conditions related to total shareholder return, free cash flow, and earnings per share. The granted shares are tied to ambitious performance targets, which the Remuneration Committee believes will require a significant degree of stretch to achieve. These long-term incentives aim to align the interests of the executives with those of the shareholders and the overall success of the company.
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