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Phoenix Group CEO Exercises Share Options Under Bonus Scheme

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Phoenix Group CEO Exercises Share Options Under Bonus Scheme

Phoenix Group Holdings ( (GB:PHNX) ) has shared an announcement.

Phoenix Group Holdings announced that Andrew Curran, Chief Executive Officer of Standard Life, exercised nil-cost options over ordinary shares under the Deferred Bonus Share Scheme. This exercise involved acquiring shares, including dividend equivalents, and selling a portion to cover tax and employee national insurance liabilities, reflecting the company’s ongoing executive compensation practices.

More about Phoenix Group Holdings

Phoenix Group Holdings plc operates in the insurance and financial services industry, focusing on providing life insurance and pension products. The company is known for its market presence in the UK, offering a range of financial solutions to individuals and businesses.

YTD Price Performance: 14.12%

Average Trading Volume: 2,749,553

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.87B

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

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