on RACING FORCE (EPA:ALRFG)
Racing Force proposes a new Stock Grant plan for 2026-2028
Racing Force SpA, a major player in motorsport safety, has announced the approval by its Board of Directors of a proposal to launch a "Stock Grant Plan 2026-2028". This incentive plan is aimed at directors, strategic managers, as well as certain employees and consultants. It would allow the free acquisition of up to 1,000,000 shares of the company, distributed in three annual tranches. The granting of these shares is conditional upon the achievement of growth targets for adjusted EBITDA, operating cash flow, and consolidated free cash flow.
The implementation of this plan is contingent upon shareholder approval. Furthermore, a proposal to increase the share capital by 10% has been put forward to potentially support the Stock Grant Plan. This proposal could be valid for five years, according to the resolution of the Shareholders' Meeting. The objective is to foster Racing Force's financial performance and sustained growth in the coming years.
R. E.
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