Headlam has granted share options worth more than £1.2m to executives and employees.
Some 265,360 shares were granted, including 87,043 to Steve Wilson, Headlam chief executive and 64,137 to Chris Payne, Headlam cfo.
The shares have a three year vesting period and are conditional on shareholder return and earnings per share over the three years.
If the performance targets are met Wilson and Payne will have to retain the shares for a further two years.
Based on an average of Headlam’s share price this week, the options would be worth just over £1.2m.
