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Ninth circle of LTIP

19 November 2020 By Aimee Donnellan, George Hay

The recently listed beauty tech firm’s boss Matthew Moulding is 900 mln pounds richer after meeting bonus targets. But the company’s shares only needed to rise 30% for him to do so, and he can sell his shares in March. It’s a pretty odd way to design a long-term incentive plan.

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