Servcorp executives in share option scheme

Company News

by Rachael Jones

The Directors of Servcorp (ASX:SRV) have resolved to grant up to 1,285,000 options over unissued ordinary shares to 14 key executives and 48 managers globally.

The options will have an exercise price of $3.01.

The exercise period will commence 36 months after issue date and expire five years after issue date, subject to the option holder remaining an employee of Servcorp.

This is to encourage and reward superior business performance.

Servcorp is a multinational organisation that sells serviced office space, virtual office products and IT services.

Shares in Servcorp (ASX:SRV) are trading 0.33 per cent lower at $3.00.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.