XP Factory Announces Director Share Awards
Why we think this is neutral
This RNS announcement is regarding a director share award, which is not one of the mandatory news types that require detailed analysis. The announcement provides information about the company's long service award scheme and the shares awarded to a director. While this is informative, it does not contain any significant business updates or financial information that would warrant a strong sentiment score.
Key Points
- XP Factory has implemented a Long Service award scheme for employees
- The first awards were made in June 2024
- Graham Bird, the CFO, has been awarded 13,486 shares under the scheme
Summary
XP Factory Plc (AIM: XPF) has announced that a Long Service Award has been allocated to its Chief Financial Officer, Graham Bird, for no consideration. The award is part of the company's group-wide Long Service award scheme, which provides employees who have been with the XP Factory Group for five years with a free share award equivalent to one week's gross salary, capped at £1,800.