B&M European Value Retail S.A. has announced the grant of nil-cost share options to several persons discharging managerial responsibilities within the company. Bobby Arora, Group Trading Director, was granted 100,065 shares, Gareth Bilton, Stores Director, was granted 32,988 shares, Alexander Simpson, Group General Counsel, was granted 29,447 shares, Jonathan Parry, Supply Chain Director, was granted 34,301 shares, and Anthony Dobbs, Managing Director of Heron Foods Limited, was granted 27,092 shares. The transactions took place outside a trading venue on August 12, 2024, and the currency involved was GBP.
The notifications were made in accordance with regulatory requirements and provide insight into the company's compensation and incentive strategies for its key management personnel. This move aligns with the company's efforts to retain and motivate its leadership team by offering them a stake in the company's performance and long-term success.