Racing Force shareholders approve 2026-2028 stock grant plan at meeting

Reuters2026/09/02 15:54

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Racing Force shareholders met on Sept. 2, 2026, in an ordinary and extraordinary session.
Backed the 2026-2028 Stock Grant Plan, allowing up to 1,000,000 free rights to receive ordinary shares, subject to service and performance conditions.
Performance targets link vesting to growth in adjusted EBITDA, operating cash flow, free cash flow; adjusted EBITDA is the gating condition.
Granted the board a five-year capital increase authorization up to 10% of existing share capital at first use; prior 2023 authorization revoked unused.
Execution step: the board set first-tranche awards at up to 324,118 rights, named beneficiaries, set individual caps, defined performance targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Racing Force S.p.A. published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Racing Force shareholders approve 2026-2028 stock grant plan at meeting

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