• Abingdon

Moreno and management receive share options

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Roberto Moreno, Victoria coo and senior management have shared almost 400,000 share options in the group.

   Moreno has been awarded 137,141 share options – a little above a thousandth of the flooring group – at an option price of 5p a share under a long-term incentive plan.

   The length of the plan was not disclosed, but if sold today, would generate a profit of about £78,000 before tax liabilities.

   A further 246,875 options have been awards to managers, under the terms of the 2020 long term incentive plan.

   The recipients will be eligible for the options if they are still employees of the group at the time of vesting.


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