JJB Sports is going to hold a general meeting to approve an Equity Incentive Plan that is designed to encourage the company's directors and senior managers to execute JJB's ongoing turnaround plan successfully. The plan would award Mike McTighe, Keith Jones, Dave Williams and David Adams, as well as a number of senior managers, with the opportunity to acquire shares in JJB. Participants can receive new JJB shares worth in total 20 percent of the growth in value of the company in excess of a market capitalization of £96.5 million (€109.9m-$154.2m) increasing by 5 percent each year until vesting. JJB's market capitalization has to reach at least £96.5 million for the program to kick in, but the plan encourages management to grow the company to a target of £193 million (€219.9m-$308.3m). Participants' gains will be capped so that they can' in total receive shares representing more than 15 percent of current issued ordinary share capital. This cap would only be met if the market capitalization of the company reached £490 million (€558.3m-$782.8m).

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