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Pebble Group Grants Performance Share Awards to Executive Directors

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Pebble Group Grants Performance Share Awards to Executive Directors

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Pebble Group PLC ( (GB:PEBB) ) has shared an update.

The Pebble Group announced the grant of performance share awards to its Executive Directors under its Long Term Incentive Plan. These awards, which involve nil-cost options to acquire up to 8 million Ordinary Shares, are subject to specific performance conditions related to share price and cumulative adjusted EBITDA over a three-year period. This move aims to align the interests of the management with shareholders and drive long-term growth, potentially impacting the company’s market position and stakeholder value.

The most recent analyst rating on (GB:PEBB) stock is a Buy with a £66.00 price target. To see the full list of analyst forecasts on Pebble Group PLC stock, see the GB:PEBB Stock Forecast page.

Spark’s Take on GB:PEBB Stock

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

Pebble Group PLC is financially stable with strong equity and low debt. The stock shows positive technical indicators but is currently overbought. Valuation is fair with a reasonable P/E ratio and dividend yield. Recent corporate actions enhance shareholder value, though BlackRock’s exit poses a potential risk.

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

More about Pebble Group PLC

The Pebble Group is a provider of technology, products, and related services to the global promotional products industry, comprising two differentiated businesses, Facilisgroup and Brand Addition, focused on specific areas of the promotional products market.

Average Trading Volume: 397,773

Technical Sentiment Signal: Buy

Current Market Cap: £75.61M

Learn more about PEBB stock on TipRanks’ Stock Analysis page.

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