Pebble Group PLC (GB:PEBB) has released an update.
The Pebble Group PLC has announced the completion of a significant internal transaction involving the exercise of 40,131 nil cost options and the vesting of 44,233 Conditional Share Awards as part of its Long Term Incentive Plan. The Group’s Managing Director, Karl Whiteside, participated in the transaction, selling 5,676 shares post-vesting, while maintaining a substantial stake in the company. The transactions were facilitated by the Pebble Group Employee Benefit Trust and did not result in the issuance of new shares, leaving the Trust with 266,880 Ordinary Shares, or 0.16% of the Group’s total voting rights.
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