Funding Circle Plc Announces Share Option Awards to Top Executives

Funding Circle Holdings plc disclosed the grant of share option awards to its top executives, following the company's Remuneration Policy guidelines. On 26 March 2024, Lisa Jacobs, serving as the Chief Executive Officer, and Oliver White, the Chief Financial Officer, were awarded nil cost options over ordinary shares of 0.1p nominal value. These awards are part of their 2023 annual bonuses, representing forty percent of the amount and are slated to vest after three years.

The awards granted to Jacobs and White amount to 303,016 and 225,987 shares, respectively. This move aligns with the company's strategy to ensure executive compensation is closely tied to the company’s performance. The detailed disclosure of these awards is provided in the company's 2023 Directors’ Remuneration Report, which is accessible through the company's annual report available on their official website.

These transactions were conducted on the London Stock Exchange and are reported in compliance with Market Abuse Regulation requirements. The awards underscore Funding Circle Holdings plc's commitment to aligning the interests of its executive leadership with those of its shareholders and ensuring the long-term success of the company.