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Jigsaw hands out shares to management team

Jigsaw owners John and Belle Robinson have awarded a 9% share of the business to the management team, led by chief executive Peter Ruis.

Directors and several key managers at the group have been collectively awarded shares in the business for the first time, suggesting its owners are preparing for a sale of the business, according to The Daily Mail.

Jigsaw’s EBITDA increased by 78.4% to £3.14m in the year to September 27, as like-for-sales grew by 9.5% and total sales by 11%.

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