tiprankstipranks
Trending News
More News >

Idox plc Establishes Employee Benefit Trust and Issues Shares

Story Highlights

Confident Investing Starts Here:

Idox plc ( (GB:IDOX) ) has provided an update.

Idox plc has established an Employee Benefit Trust (EBT) to support its long-term incentive plans by issuing 1,500,000 ordinary shares to be used for employee share options and awards. This move is expected to enhance employee engagement and align their interests with the company’s goals, potentially impacting the company’s operational dynamics and stakeholder relations.

More about Idox plc

Idox plc is a leading supplier of specialist information management software and geospatial data solutions, primarily serving the public and asset-intensive sectors.

YTD Price Performance: -8.75%

Average Trading Volume: 596,777

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £266.3M

See more insights into IDOX 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