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boohoo group Plc ( (GB:DEBS) ) has shared an update.
Debenhams Group has granted awards under its previously announced Group Turnaround Scheme, allocating 66.67% of the maximum potential award, valued at up to £148.1m, to Chief Executive Officer Dan Finley and 10% of the scheme, worth up to £22.2m, to Chief Financial Officer Phil Ellis, with the remaining 23.33% earmarked for other senior employees, contingent on the share price reaching at least £3.00 at each of three measurement dates. The independent directors, after consulting nominated adviser Zeus Capital, reconfirmed that these related-party awards are fair and reasonable for shareholders, underscoring a strong incentive structure aimed at driving the company’s turnaround, while regulatory disclosures show both Finley and Ellis subscribing for new D ordinary shares off-market as part of the scheme, further aligning management’s interests with long-term equity performance.
The most recent analyst rating on (GB:DEBS) stock is a Hold with a £28.00 price target. To see the full list of analyst forecasts on boohoo group Plc stock, see the GB:DEBS Stock Forecast page.
Spark’s Take on GB:DEBS Stock
According to Spark, TipRanks’ AI Analyst, GB:DEBS is a Neutral.
The overall stock score is primarily impacted by the company’s poor financial performance and concerning valuation metrics. While technical analysis shows some short-term bullish momentum, the overbought indicators suggest caution. Positive corporate events provide some optimism, but the financial distress remains a significant risk.
To see Spark’s full report on GB:DEBS stock, click here.
More about boohoo group Plc
Debenhams Group, part of boohoo group plc, is an online platform for fashion, home and beauty, operating five digital shopping destinations: Debenhams, Karen Millen, boohoo, MAN and PLT. With roots dating back to 1778 as the UK’s first department store, the group now positions itself as a modern, fashion-led online department store and marketplace serving millions of customers.
Average Trading Volume: 6,339,375
Technical Sentiment Signal: Sell
Current Market Cap: £276.8M
Find detailed analytics on DEBS stock on TipRanks’ Stock Analysis page.