Capital & Regional plc Issue of LTIP awards (4824L)
April 19 2018 - 7:00AM
UK Regulatory
TIDMCAL
RNS Number : 4824L
Capital & Regional plc
19 April 2018
19 April 2018
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the
Company")
UK company number 01399411
LSE share code: CAL
ISIN: GB0001741544
LEI: 21380097W74N9OYF5Z25
Issue of LTIP awards
Capital & Regional plc announces that Zedra Trust Company
(Guernsey) Limited, the trustee of the Capital & Regional plc
Employee Ownership Trust 2002 (the "Trustee") on 18 April 2018
granted the following share awards of ordinary shares of GBP0.01
per share under The Capital & Regional plc 2008 Long Term
Incentive Plan (the "Plan") to the following Directors of the
Company:
Lawrence Hutchings 1,429,906
Charles Staveley 853,923
The exercise price for the awards granted is a maximum of
GBP0.01 per share. Performance conditions measured over a three
year period will determine the extent to which the awards will
vest. Further detail on the performance conditions is provided on
page 57 of the Company's Annual Report and Accounts for the year
ended 30 December 2017. A holding period applies such that, in
normal circumstances, awards must be held for two years following
the end of the performance period. Malus and clawback provisions
apply.
- ENDS -
For further information:
Capital & Regional: Tel: 020 7932 8000
Lawrence Hutchings, Chief
Executive
Charles Staveley, Group Finance
Director
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGGUUPCUPRGUB
(END) Dow Jones Newswires
April 19, 2018 07:00 ET (11:00 GMT)
Capital & Regional (LSE:CAL)
Historical Stock Chart
From Apr 2024 to May 2024
Capital & Regional (LSE:CAL)
Historical Stock Chart
From May 2023 to May 2024