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LONDON - TPXimpact Holdings PLC announced the acquisition of shares for its employee Share Incentive Plan (SIP) during May and June 2025, according to a company press release issued Thursday.
In May, the SIP Trustees, Cytec Trustees Limited, purchased 27,219 partnership shares at £0.24 per ordinary share for a total cost of £6,532.56. These shares were acquired through market purchases on May 8 and allocated to participating employees.
The company then allocated an equal number of matching shares to participants, with 27,219 matching shares transferred from TPXimpact’s Employee Benefit Trust.
In June, a similar transaction occurred with the trustees acquiring 30,300 partnership shares at £0.21 per ordinary share on June 10, totaling £6,363.00. These shares were also distributed to SIP participants, with an equivalent 30,300 matching shares transferred from the company’s Employee Benefit Trust.
The SIP scheme operates through tax-efficient salary sacrifice arrangements, with the company providing free matching shares on a one-for-one basis to reward and incentivize employees.
TPXimpact’s share incentive plan represents a standard employee benefit program designed to align employee interests with company performance through share ownership.
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