Surface Transforms (GB:SCE) has released an update.
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Surface Transforms, a leading manufacturer of carbon-ceramic automotive brake discs, has awarded 50.8 million share options to key management personnel as part of its 2024 Long Term Incentive Plan (LTIP). The LTIP, approved by shareholders, sets out performance-based vesting conditions including EBITDA targets, sales capacity installation, share price thresholds, and a strategic milestone. This initiative underscores the company’s commitment to achieving ambitious performance metrics and retaining top talent through share-based incentives.
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