Renewi plc (GB:RWI) has released an update.
Renewi plc has awarded conditional shares to its two Executive Directors under the Long-Term Incentive Plan and Deferred Annual Bonus Scheme, with vesting dates stretching up to June 2027 based on performance conditions. CEO Otto de Bont and CFO Annemieke den Otter received significant share awards, with immediate partial vesting for the latter and a purchase of additional shares by the CFO on Euronext Amsterdam. These awards are part of the company’s strategy to align the interests of its key executives with those of shareholders, using performance measures including total shareholder return and recycling rates.
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