Novacyt S.A. (NVYTF) has released an update.
Novacyt S.A., a prominent molecular diagnostics firm, has announced the grant of performance-based share options to its executive management under the Long Term Incentive Plan, contingent on achieving certain Total Shareholder Return growth conditions over a three-year period starting January 2024. The awarded share options, representing 3.17% of the issued share capital, are designed to align executive compensation with shareholder interests and will require executives to retain a portion of the shares post-vesting to ensure ongoing commitment.
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