Johnson Service (GB:JSG) has released an update.
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Johnson Service Group PLC has announced the grant of nil cost options and linked awards to its executive directors under the 2018 Long-Term Incentive Plan. CEO Peter Egan and CFO Yvonne Monaghan received significant option grants, with exercise dates starting from May 2027 contingent on performance conditions pertaining to Total Shareholder Return and Earnings Per Share growth. The options include additional provisions such as dividend equivalents, a further holding period, and malus and clawback clauses.
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