Lead duo are given incentives.
The British fish health group Benchmark Holdings, known for owning egg companies SalmoBreed and Stofnfiskur, granted its top management shares in connection with the company’s share option plan.
Options over ordinary shares of 0.1 pence each were granted to Chief Executive Officer Trond Williksen and Chief Financial Officer Septima Maguire.
1,500,000 ordinary shares were granted to Trond Williksen; and options over a total of 600,000 ordinary shares were granted to Septima Maguire.
Following this grant, Trond Williksen holds options over a total of 1,500,000 ordinary shares in the company, representing approximately 0.22 per cent of the company’s issued share capital. Following this grant, Septima Maguire holds 264,914 ordinary shares and holds options over a total of one million shares in Benchmark Holdings, representing approximately 0.04 per cent and 0.15 per cent of its issued share capital respectively.
“The options granted have a vesting period of three years, may be exercised up to the tenth anniversary of grant, have an exercise price of 31.5 pence per Ordinary Share, and are not subject to performance criteria,” wrote Benchmark in the press release on the London Stock Exchange.
Benchmark Holdings, which is listed on the London Stock Exchange, has two major Norwegian shareholders, Ferd and Kverva, respectively. In total, the two own just over 40 percent of the shares in the company.