Merger windfall for IAWS management

Just over 4.5 million share options awarded to management and staff at food group IAWS will crystallise when the company’s multi-billion euro merger with Swiss group Hiestand goes ahead.

21st June, 2008

Just over 4.5 million share options awarded to management and staff at food group IAWS will crystallise when the company’s multi-billion euro merger with Swiss group Hiestand goes ahead.

The shares have be en awarded at different prices and under three separate schemes. Some of them are based on the future performance of IAWS but, under the conditions of the share schemes, they will vest with the change of ownership.

Not all the share...

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