Loss making online travel company Lastminute.com is planning to offer its staff cut price shares as part of its employee savings scheme.
If the plan is approved at the company's annual general meeting, staff will reportedly be offered shares at discounts of up to 20 per cent.
"The new savings scheme will allow all eligible employees to save from their salary to buy shares in the company on potentially favourable terms," Lastminute said in a statement.
Since April 2000, the unit price of the company's stock has fallen from around £5 to this morning's level of 33p. Lastminute has reported a pre-tax loss of £39.1m for its financial year ended 30 September, compared to £35.8m last year.
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