Issue of Options

Summary by AI BETAClose X

Various Eateries PLC has issued 1,000,000 ordinary share options to Jon Falarczyk, the new Managing Director, as part of his remuneration package. These options, granted under the CSOP Share Scheme, have an exercise price ranging from 14.30 pence to 17.30 pence and will vest in three equal tranches over three years, with the first vesting on the anniversary of the grant date, conditional on continued employment. Mr. Falarczyk currently holds no other options in the company.

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