Softcat Announces LTIP Exercise by Chairman

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Softcat ( (GB:SCT) ) has shared an announcement.

Softcat plc has announced the exercise of nil-cost options under its Long Term Incentive Plan (LTIP) by a person discharging managerial responsibilities, specifically Graeme Watt, the Chairman. The exercise involved the sale of a portion of shares to cover tax liabilities, with the remaining shares retained. This transaction, conducted on December 9, 2024, reflects the company’s ongoing commitment to rewarding its executive management while maintaining compliance with regulatory requirements.

More about Softcat

YTD Price Performance: 19.10%

Average Trading Volume: 292,922

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.14B

See more insights into SCT stock on TipRanks’ Stock Analysis page.

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