Devolver Digital Rewards Employees with Stock Grants

Devolver Digital, Inc. (GB:DEVO) has released an update.

Devolver Digital, Inc. has announced the grant of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) under its 2022 Long Term Incentive Plan, aimed at rewarding employees and aligning their interests with shareholder value. A total of 8,568,079 shares have been awarded, potentially diluting existing share capital by 12.2%. The grants are subject to stringent performance conditions, with full vesting contingent upon surpassing ambitious revenue and EBITDA targets over the next few years.

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