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Hollywood Bowl Grants New LTIP Share Awards and Cuts Legacy Options for Canadian CEO

Story Highlights
  • Hollywood Bowl has issued new nil-cost LTIP share awards to senior executives, vesting over five years and tied to earnings, shareholder return, capital returns and emissions metrics.
  • The group has reduced by 30% the legacy LTIP awards of Canadian CEO Laurence Keen, with nearly 97,000 options surrendered to align his remuneration with his new role.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hollywood Bowl Grants New LTIP Share Awards and Cuts Legacy Options for Canadian CEO

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Hollywood Bowl ( (GB:BOWL) ) has shared an update.

Hollywood Bowl Group has granted new nil-cost share options to its executive directors and senior managers under its Long Term Incentive Plan, including 268,568 share awards to chief executive Stephen Burns and awards to other key executives such as the chief people officer, the CEO for Canada and the UK managing director. The awards, which will vest after three years and be subject to a further two-year holding period, are tied to a mix of financial and non-financial metrics for the 2026–2028 performance period, heavily weighted to pre-IFRS 16 adjusted earnings per share but also linked to relative total shareholder return against the FTSE 250, returns on centre investment and a UK emissions intensity ratio, underscoring the company’s focus on shareholder value and sustainability. In a related move, the company has implemented a 30% reduction in legacy LTIP awards granted to Canadian CEO and former CFO Laurence Keen in 2024 and 2025, achieved through the surrender of 96,895 options, reflecting a recalibration of his remuneration package following his change of role while keeping all other terms of those awards unchanged.

The most recent analyst rating on (GB:BOWL) stock is a Buy with a £420.00 price target. To see the full list of analyst forecasts on Hollywood Bowl stock, see the GB:BOWL Stock Forecast page.

Spark’s Take on GB:BOWL Stock

According to Spark, TipRanks’ AI Analyst, GB:BOWL is a Outperform.

Hollywood Bowl’s strong financial performance and reasonable valuation are the primary drivers of its overall stock score. While technical indicators suggest some short-term weakness, the company’s solid fundamentals and attractive dividend yield provide a positive outlook.

To see Spark’s full report on GB:BOWL stock, click here.

More about Hollywood Bowl

Hollywood Bowl Group plc, listed on the London Stock Exchange, operates tenpin bowling and family entertainment centres, generating revenue from gaming, food and beverage sales, and ancillary leisure activities in the UK and Canada. The group’s strategy focuses on profitable expansion, disciplined capital investment in new centres and refurbishments, and enhancing returns to shareholders while increasingly incorporating environmental metrics into its performance framework.

Average Trading Volume: 543,398

Technical Sentiment Signal: Hold

Current Market Cap: £432.1M

For detailed information about BOWL stock, go to TipRanks’ Stock Analysis page.

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