Renewi plc Announces Vesting of Shares Under Deferred Bonus Scheme

Renewi plc ( (GB:RWI) ) just unveiled an announcement.

Renewi plc announced the vesting of shares under its 2014 Deferred Annual Bonus Scheme for its CEO, Otto de Bont, and CFO, Annemieke Den Otter, due to a change of control. This transaction involved a total of 109,498 shares released to both executives, reflecting the company’s adherence to its bonus scheme rules. The vesting of these shares highlights Renewi’s commitment to rewarding its leadership under the scheme, potentially impacting stakeholder perceptions positively by demonstrating stability and adherence to corporate governance.

The most recent analyst rating on (GB:RWI) stock is a Hold with a £8.00 price target. To see the full list of analyst forecasts on Renewi plc stock, see the GB:RWI Stock Forecast page.

Spark’s Take on GB:RWI Stock

According to Spark, TipRanks’ AI Analyst, GB:RWI is a Neutral.

Renewi plc’s overall score reflects mixed financial performance with high leverage and profitability challenges, but is balanced by strong cash flow stability and positive technical momentum. The strategic acquisition and increased investor confidence enhance future prospects, although valuation metrics remain weak.

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

More about Renewi plc

Renewi is a pure-play recycling company focused on extracting value from waste and used materials, contributing to the circular economy by creating circular materials. The company aims to be a leading waste-to-product entity in advanced circular economies, with a recycling rate of 66.2% and a significant role in mitigating climate change. Renewi operates over 150 sites in five European countries, employing more than 6,000 people.

Average Trading Volume: 559,998

Technical Sentiment Signal: Buy

Current Market Cap: £696.2M

For detailed information about RWI stock, go to TipRanks’ Stock Analysis page.