Staff at a fast-growing energy supplier have been handed share windfalls worth an average of £72,000 each. Octopus Energy has given shares to workers since the company was started in 2015.
More than 1,000 employees now own roughly 5% of the business, with a combined stake of around £77million. They were given the opportunity to cash in some of their holdings as part of a recent round of investment from outside backers.
Staff were able to sell 5% of their shares if they had been with the firm for less than two years, and 10% for those employed for more than that.
Those who took up the offer could have pocketed, for example, either £3,600 or £7,200. Greg Jackson, founder of Octopus, said: “For me, we’d have a far better society if more
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