City briefs: AO World launches ambitious incentive plan; digital security business locks in revenue growth from acquisition
AO World has launched a long-term incentive plan for its employees to support the online retailer's high growth strategy.
However the scheme does require huge growth over the next 5-7 years.
It will share 10% of the value created above a market value of £2.5bn.
Although the company's share price has spiked in recent weeks, the company's current value is below £800m and has never gone above its £1.2bn valuation when it went public in 2014.
The one-off all-employee incentive plan, called the AO Value Creation Plan, is the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
