Store Boss Poised for Pounds 1.7mperk

Summary


ICELANDIC retail group Baugur's long-awaited Pounds 351 million bid for House of Fraser will be tabled early this week, triggering a Pounds 1.7 million payout for chief executive John Coleman.

The payment comes from Coleman's long-term incentive plan, which matures on the bid and is on top of the Pounds 4.7 million worth of shares he already owns.

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Extract


Store Boss Poised for Pounds 1.7mperk

Coleman, who earned Pounds ...

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