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An update from Softcat ( (GB:SCT) ) is now available.
Softcat plc announced the exercise of nil-cost options by its CEO, Graham Charlton, under the company’s Long Term Incentive Plan and Annual and Deferred Bonus Plan. These options, awarded in November 2021, have vested and resulted in the sale of a portion of shares to cover tax liabilities, with the remaining shares retained by the CEO. This transaction underscores Softcat’s ongoing commitment to aligning management incentives with shareholder interests and maintaining transparency in managerial share dealings.
More about Softcat
Softcat plc operates in the IT infrastructure and services industry, providing a range of solutions including software licensing, hardware procurement, and data center management. The company focuses on delivering value to businesses by enhancing their IT capabilities and optimizing their digital infrastructure.
YTD Price Performance: -1.84%
Average Trading Volume: 269,968
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.98B
See more data about SCT stock on TipRanks’ Stock Analysis page.
