by holdthefrontpage staff
Employees at regional media group Archant have received around £750,000 worth of shares in the company as a result of its recent Share Incentive Plan offer.
On June 1, staff received more than 56,000 shares between them, most of which were free.
Around 1,450 employees bought a total of 7,092 partnership shares at a price of £13.25 each, and each of these shares was then matched for free by Archant awarding two further matching shares.
Some 1,830 employees, 80 per cent of those who were eligible, have been awarded a total of more than 35,000 free shares.