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Volta Finance ( (NL:VTA) ) has shared an update.
Volta Finance has allocated part of its directors’ quarterly fees in the form of equity, purchasing 4,401 ordinary shares at an average price of €6.64 per share for issuance to board members in line with its remuneration policy. Under this structure, each director receives 30% of annual fees in shares that must be held for at least one year, resulting in incremental shareholdings for Chairman Dagmar Kershaw and directors Stephen Le Page, Yedau Ogoundele, Joanne Peacegood and Simon Holden, which modestly increases director alignment with shareholders and reinforces governance practices under EU market abuse regulations.
More about Volta Finance
Volta Finance Limited is a Guernsey-incorporated closed-ended investment company listed on Euronext Amsterdam and the London Stock Exchange’s Main Market, with its home member state for EU transparency purposes in the Netherlands under the supervision of the AFM. The company aims to preserve capital through the credit cycle while delivering a stable quarterly dividend stream, primarily by investing in collateralised loan obligations (CLOs) and related structured finance assets, with BNP Paribas Asset Management Europe appointed as its specialist structured credit investment manager.
See more data about VTA stock on TipRanks’ Stock Analysis page.