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Nearly 1,000 Wickes workers earn £14.1M from share scheme as stock nearly doubles.
Nearly 1,000 Wickes employees will receive a combined £14.1 million from the company’s employee share save scheme after the share price rose from £1.04 to £2.33 by December 1, 2025, a gain of over 124%.
The Save As You Earn scheme, open to all staff, allowed monthly contributions of £10 to £500 at a fixed purchase price of £1.04.
Average contributors saved £199 monthly, investing £7,164, now worth £16,049.
Those saving the maximum £500 monthly over three years could earn a £22,327 profit.
CEO David Wood credited employee dedication for the company’s strong sales, profits, and store growth.
One participant plans to use part of the payout for home renovations and vacations while retaining shares for long-term growth.
Casi 1.000 trabajadores de Wickes ganan 14.1 millones de libras por el esquema de acciones, ya que las acciones casi se duplican.