Cash Windfall for Promethean Staff
Staff at newly-listed education group Promethean have made a £10 million cash windfall from the company’s flotation.
More than employees at the company, which is based in Lancashire, have received bonuses of up to £30000 with management being gifted share options of between 400 to 4400 shares. The company raised £186 million to get a £400 million valuation. It was formally listed on March 17th.
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