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Mears Group Grants Deferred Bonus Share Awards to Key Executives

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An announcement from Mears Group Plc ( (GB:MER) ) is now available.

Mears Group PLC has announced the grant of deferred bonus share plan awards to its Chief Executive Officer, Lucas Critchley, and Chief Financial Officer, Andrew Smith, each receiving 25,791 ordinary shares. These nominal-cost options will become exercisable on 22 April 2028, reflecting the company’s commitment to incentivizing its leadership and aligning their interests with long-term company performance.

More about Mears Group Plc

Mears Group PLC is a leading provider of services to the housing sector in the UK, managing and maintaining around 450,000 homes across the country. The company works predominantly with Central and Local Government through long-term contracts, focusing on property management, maintenance services, and broader housing solutions to address affordable housing challenges. Mears employs over 5,000 people and emphasizes long-term outcomes, innovation, and sustainable financial returns.

YTD Price Performance: 7.04%

Average Trading Volume: 353,881

Technical Sentiment Signal: Strong Sell

Current Market Cap: £323.4M

See more insights into MER stock on TipRanks’ Stock Analysis page.

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