discoverIE Group plc (GB:DSCV) has released an update.
discoverIE Group plc, a leading designer and manufacturer of customised electronics, disclosed share acquisitions by its top executives, Nick Jefferies and Simon Gibbins, through a Deferred Bonus Award scheme. The transactions involved the purchase of 7,764 and 4,237 Ordinary Shares respectively, at £6.83 per share, and are part of the remuneration policy which defers 20% of their annual bonuses into shares for a three-year period. Following these transactions, Jefferies and Gibbins now hold 1.32% and 0.42% of the company’s issued share capital respectively.
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