Gear4music Adopts New LTIP, Grants Options to Executives
The retailer has adopted a new long-term incentive plan and granted options to its executive team.
The retailer has adopted a new long-term incentive plan and granted options to its executive team.
The musical instrument retailer reported increased profits and reduced debt, despite challenging market conditions. Recent market consolidation and improved performance since mid-March offer potential for future growth.
The retailer has purchased stock and intangible assets from the administrators of a competitor, while also announcing the date for its upcoming financial results.
The retailer has acquired assets from a competitor in administration and reported a marked improvement in sales, providing confidence in its outlook.
The retailer's CEO has purchased additional shares in the company.
The retailer has announced a non-executive director has purchased a small number of shares in the company.
The retailer reports modest growth in a challenging market, with revenue up 2% and EBITDA rising 6.4%. However, the company faces headwinds from aggressive discounting and weak consumer confidence.
The retailer has announced a change in major shareholding, with River Global Investors LLP acquiring a 5.062% stake.
Online music retailer grows despite challenges
Routine regulatory update on shareholding change for this online musical instrument retailer.