tiprankstipranks
Advertisement
Advertisement

Synectics CEO Increases Stake Following Performance Share Plan Option Exercise

Story Highlights
  • Synectics CEO Amanda Larnder exercised 62,000 share options, receiving 32,860 new shares after tax via net settlement.
  • Larnder’s stake rose to 77,291 shares, while 1,040,000 options remain, reinforcing long-term incentive alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Synectics CEO Increases Stake Following Performance Share Plan Option Exercise

Claim 30% Off TipRanks

The latest announcement is out from Synectics ( (GB:SNX) ).

Synectics plc has disclosed that Chief Executive Officer Amanda Larnder has exercised options over 62,000 ordinary shares under the company’s Performance Share Plan at an exercise price of 177.50 pence per share. To cover the related tax liability, the company used a net settlement arrangement, withholding 29,140 shares and issuing 32,860 shares to Larnder from its employee benefit trust, increasing her holding to 77,291 shares, or 0.43% of Synectics’ issued share capital.

The transaction underscores ongoing alignment of executive incentives with shareholder interests through performance-based equity awards, without any sale of shares by the CEO. Larnder also retains options over a further 1,040,000 ordinary shares, highlighting the company’s continued use of long-term equity incentives to retain and motivate senior leadership and potentially signaling confidence in Synectics’ future prospects.

The most recent analyst rating on (GB:SNX) stock is a Buy with a £199.00 price target. To see the full list of analyst forecasts on Synectics stock, see the GB:SNX Stock Forecast page.

Spark’s Take on GB:SNX Stock

According to Spark, TipRanks’ AI Analyst, GB:SNX is a Outperform.

Score is driven primarily by solid financial performance (low leverage, improved profitability, and strong recent cash generation). This is meaningfully offset by weak technicals—price well below key moving averages with bearish momentum—while reasonable valuation and a moderate dividend yield provide partial support.

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

More about Synectics

Synectics plc, listed on AIM under the ticker SNX, provides advanced security and surveillance solutions designed to protect people, property and assets worldwide. The company focuses on integrating systems, technologies and data into unified platforms that enhance safety, improve operational efficiency and enable faster, smarter decision-making for its customers.

Average Trading Volume: 86,551

Technical Sentiment Signal: Sell

Current Market Cap: £29.76M

See more data about SNX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1