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Idox plc ( (GB:IDOX) ) has provided an update.
Idox plc has established an Employee Benefit Trust (EBT) to support its long-term incentive plans by issuing 1,500,000 ordinary shares to be used for employee share options and awards. This move is expected to enhance employee engagement and align their interests with the company’s goals, potentially impacting the company’s operational dynamics and stakeholder relations.
More about Idox plc
Idox plc is a leading supplier of specialist information management software and geospatial data solutions, primarily serving the public and asset-intensive sectors.
YTD Price Performance: -8.75%
Average Trading Volume: 596,777
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £266.3M
See more insights into IDOX stock on TipRanks’ Stock Analysis page.