Bicycle Therapeutics Announces Inducement Grants for New Employees Under 2024 Plan

Reuters

06-04

Bicycle <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces Inducement Grants for New Employees Under 2024 Plan

CAMBRIDGE, England & BOSTON--(BUSINESS WIRE)-- Bicycle Therapeutics plc $(BCYC)$ has announced the issuance of inducement awards under its 2024 Inducement Plan, as approved by the Compensation Committee. On June 2, 2025, the company granted non-qualified share options to seven new employees, allowing them to purchase a total of 57,700 ordinary shares. These options come with an exercise price of $8.22 per share, corresponding to Bicycle Therapeutics' closing trading price on May 30, 2025. The vesting schedule spans four years, with 25% of the shares vesting one year after the vesting commencement date and the remainder vesting monthly over the subsequent 36 months, contingent upon continued employment with the company. These awards comply with Nasdaq Listing Rule 5635(c)(4).

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. Bicycle Therapeutics plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20250603918225) on June 03, 2025, and is solely responsible for the information contained therein.

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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. Bicycle Therapeutics plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20250603918225) on June 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250603:nNDLLNqgH:1","article_id":"2540041827","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540041827","pubTimestamp":1748981119,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CAMBRIDGE, England & BOSTON---- Bicycle Therapeutics plc  has announced the issuance of inducement awards under its 2024 Inducement Plan, as approved by the Compensation Committee. 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