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LONDON - B&M European Value Retail S.A. (LON:BME) Chief Financial Officer and Interim CEO Michael Stefan Schmidt has been granted 57,100 nil-cost share options, according to a regulatory filing released Thursday.
The share options were issued on June 10 as part of the deferral of half of Schmidt’s annual bonus compensation. The transaction occurred outside a trading venue, as noted in the company’s regulatory announcement.
Schmidt, who currently serves as both CFO and Interim CEO, is also an executive director of the Luxembourg-based discount retailer.
The notification was made in compliance with market regulations requiring disclosure of transactions by persons discharging managerial responsibilities (PDMRs) and their closely associated persons.
B&M European Value Retail operates a chain of discount stores across the United Kingdom (TADAWUL:4280) and France. The company is listed on the London Stock Exchange (LON:LSEG) with the ticker BME and has the Legal Entity Identifier (LEI) 213800UK7ZRLY2K1X530.
The information was disclosed in a regulatory news service (RNS) filing, which serves as the official news service of the London Stock Exchange.
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