Future plc Makes Bold Move in CEO Compensation: Grant of Nil Cost Options in Forward-looking Remuneration Policy
In a significant move, Future plc has awarded its Chief Executive Officer, Kevin Li Ying, a unique share award. This award, part of the Company’s approved Remuneration Policy, involves nil-cost options over Ordinary Shares in the Company. The shares are scheduled to vest on 21 May 2025, marking the third anniversary of the grant. As it stands, this innovative approach to executive compensation showcases the firm’s forward-thinking culture and strong commitment to its leadership.
This award is made under the Future plc 2023 Performance Share Plan (PSP). The Representatives of the company confirm that the awarding of the PSP will depend on the company’s performance conditions. These conditions are clearly presented in the company’s Annual Report and Accounts for FY2024. Moreover, the awarding of this plan also mandates a holding period which applies to the Executive Directors from the vesting date concerning any shares vested under this award.
Future plc is not just any company; it is a platform that creates and distributes trusted, specialist content to nurture engaged and valuable global communities. The company operates around 200 brands specializing in a range of content verticals. Its robust strategic execution is focused on three pillars: growing engaged audiences, diversifying and expanding revenue per user, and optimizing the portfolio.
This revolutionary approach in rewarding its Chief Executive Officer demonstrates that Future plc’s commitment to its leadership is not restricted to word of mouth but is rooted in concrete action, instilling a sense of trust and confidence among its workforce.
- •Director/PDMR Shareholding investegate.co.uk21-05-2025