Wickes employees are set to receive a combined £14.1m after the home improvement retailer’s latest Save As You Earn (Sharesave) scheme matured this week, following a 124% rise in the company’s share price over the three-year savings period.

The scheme, which ran from November 2022 to December 2025, was open to all Wickes colleagues and attracted almost 1,000 participants.

Staff were able to save between £10 and £500 a month and purchase shares at a discounted option price of £1.04. With Wickes’ share price closing at £2.33 on 1 December 2025, participants have more than doubled their investment.

The average monthly saving was £199, equating to £7,164 over the three-year term. Based on the maturity share price, this produces a shareholding worth £16,049. Employees who saved the maximum £500 per month will see gains of £22,327, a significant return on their £18,000 investment.

Operations Manager Det Moser, from the Wickes Plymouth store, was among 163 colleagues contributing at the maximum level. He said the payout would support home refurbishment plans and future holidays, while enabling him to retain a sizeable shareholding as a long-term investment.

Wickes CEO David Wood said the payout reflected the group’s recent momentum, citing growth in sales, profits and store numbers:

“I am absolutely delighted that so many of our colleagues are seeing the rewards of their commitment and the Company’s strong performance.

“Ultimately these results are only possible thanks to the hard work and dedication of our amazing colleagues, and it’s great to see so many of them benefiting through our Save As You Earn scheme.”

The Sharesave maturity follows an improved trading period for the retailer, which has continued to perform strongly in a competitive home improvement market.

The company said the scheme highlights its commitment to broad-based employee participation in business performance and long-term value creation.

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