BRIEF

on Multitude SE (isin : MT0002810100)

Multitude p.l.c. Allocates Shares to Employees Through Matching Plan

Multitude p.l.c., a European FinTech company, has distributed shares to employees as part of its Matching Share Plan (MSP). Launched in Q1 2021, the MSP allows employees to invest up to 10% of their annual salary in company shares, matched 1:1 by the company after a two-year vesting period.

A total of 42,346 shares were allocated to eligible employees, highlighting the plan's success and employee commitment. Shaun Vella, Chief HR Officer, emphasized the trust and mutual alignment fostered through this initiative. Following the distribution, Multitude holds 112,647 treasury shares, representing 0.52% of total shares.

With this plan, Multitude aims to strengthen the alignment between the company's ambitions and its workforce, promoting a shared vision for growth.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Multitude SE news