Bwin.Party’s remuneration shares trust gets a boost

The Bwin.Party Shares Trust, a vehicle used for employee remuneration purposes, was boosted this week by an additional 350,000 shares purchased with a “gifting” from the company at 109.51 pence per share.  The shares will not carry voting rights.

A company statement revealed: “Funds to carry out this purchase were gifted to the Trust by the company and these shares will be used to satisfy share awards made in accordance with the company’s remuneration policy.”

Related and similar