Mears Group Plc (GB:MER) has released an update.
Mears Group PLC, a leader in UK housing services, has announced the granting of share options to its CEO and CFO as part of its Long-Term Incentive Plan, with potential vesting in 2027 based on performance metrics. The awarded options to Lucas Critchley and Andrew Smith, amounting to 85,520 shares each, will be exercisable contingent upon meeting certain Total Shareholder Return and Earnings Per Share criteria. The executive awards also come with a two-year holding requirement post-vesting, underscoring the company’s commitment to long-term value creation.
For further insights into GB:MER stock, check out TipRanks’ Stock Analysis page.
