SuperGroup founders to reward staff if shares rise

Retailer announces unusual staff reward scheme
Thursday 14 Sep 2017 Author: Daniel Coatsworth

Employees of SuperGroup (SGP) will share a potentially large pot of money donated by the company’s founders if the clothing retailer’s share price trades above £18 between 1 October 2017 and 30 September 2020. The shares currently trade at £15.66.

Julian Dunkerton and James Holder will transfer into a fund 20% of their share price gain above the £18 level. For example, hitting £23 per share would see the founders put £30m into the pot and divide it up among all staff including part-time workers, but excluding the board.

‹ Previous2017-09-14Next ›

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

Advertising feature

Issue contents

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.