Saietta Group PLC (AIM:SED), the electronic drivetrain developer, has rejigged its bonus scheme, making it available to a wider pool of staff and changing the criteria required to be awarded shares.
Key employees who have been at the firm since 2021 can be awarded up to 1,600,000 shares, which is the equivalent of around £800,000, according to the group’s share price.
Shares earned in the previous scheme will be suspended and replaced with awards from the current programme.