Incentive and option schemes

Share-based and equity-settled long-term incentive and option schemes

Relais Group has four share-based and equity-settled long-term incentive and option schemes:

  1. Two stock option plans (2025A and 2025B) for key employees were launched on 5 November 2025. The target group of the stock option plan consists of 12 key employees. The maximum number of stock options to be issued is 33,000 under the stock option plan 2025A and 139,000 under the stock option plan 2025B, totaling a maximum of 172,000 stock options. 

  2. Two stock option plans (2024A and 2024B) for key employees were launched on 8 May 2024. The target group of the stock option plan consists of 12 key employees. A total of 57,000 new stock options out of a maximum of 90,000 stock options were granted and accepted by the recipients on 31 May 2024.

  3. Two stock option plans (2023A and 2023B) for key employees were launched on 10 August 2023. The options were granted and accepted by the recipients on 5 September 2023 and 31 May 2024. The target group of the stock option plan consists of 12 key employees. At the end of the review period 116,000 stock options had been issued out of a total of 120,000 stock options.

  4. The current and former members of the Board of Directors and their inheritors owned on 30 September 2025 a total of 402,250 option rights relating to a stock option scheme established in 2017. The option rights, if exercised entitles their holders to subscribe at total of 402,250 Relais Group shares, corresponding to approximately 2.2% of the company shares and votes after the subscriptions.
    • On 11 September 2025 Relais Group notified that 375,000 new Relais Group Plc shares subscribed for with 375,000 2019E stock options on 27 August 2025 have been registered to the Trade Register. The stock options 2019E are part of Relais’ stock option scheme established in 2017.

For more information, please see note 7 in the Financial Statements 2024, the Remuneration Report 2024 and Relais Group’s investor pages under Corporate Governance and Remuneration.

Terms and conditions of option schemes:

Investors