Staff share save scheme will see DIY store emploees receive big windfall

ALMOST 1,000 workers at Wickes will receive a £14.1 million windfall from an employee share save scheme after seeing the stock more than double in value in the past three years.

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The scheme, which was open to all staff at the firm, which has a store in London Road, Alvaston, allowed employees to save between £10 and £500 a month and buy shares at a discounted price of £1.04.

With Wickes' share price closing at £2.33 on December 1, those taking part have more than doubled their investment, as shares in the firm have jumped in value by 124% since the scheme started in November 2022.