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MOTR

0.27%
NEUTRAL

Motorpoint Grants Awards Under Performance Share Plan

Why we think this is neutral

The RNS announcement is about the granting of awards under the company's Performance Share Plan, which is a routine corporate action and does not contain any significant news that would impact the company's performance or outlook.

Key Points

  • Awards granted to CEO and CFO under Performance Share Plan
  • Awards subject to continued service and performance conditions
  • Vesting of awards occurs over 3-5 years

Summary

The retailer has granted awards under its Performance Share Plan to key executives.

Motorpoint Group plc has announced that it has granted awards of Restricted Shares over ordinary shares under the company's Performance Share Plan to the Chief Executive Officer and Chief Financial Officer. The awards are subject to continued service and performance conditions.

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