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CAL Capital & Regional Plc

50.00
0.30 (0.60%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capital & Regional Plc LSE:CAL London Ordinary Share GB00BL6XZ716 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 0.60% 50.00 49.80 50.00 50.40 49.80 50.00 37,307 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Capital & Regional plc Issue of LTIP awards (9406H)

23/08/2016 4:15pm

UK Regulatory


Capital & Regional (LSE:CAL)
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From Apr 2019 to Apr 2024

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TIDMCAL

RNS Number : 9406H

Capital & Regional plc

23 August 2016

23 August 2016

Capital & Regional plc ("the Company)

Issue of LTIP awards

Capital & Regional plc announces that on 23 August 2016 Zedra Trust Company (Guernsey) Limited, the trustee of the Capital & Regional plc Employee Ownership Trust 2002 (the "Trustee") granted the following share awards of ordinary shares of GBP0.01 under The Capital & Regional plc 2008 Long Term Incentive Plan ("LTIP") to the following Directors of the Company:

   Hugh Scott-Barrett         1,054,285 
   Ken Ford                           647,945 
   Charles Staveley               615,000 
   Mark Bourgeois                 505,514 

The exercise price for the awards granted is a maximum of 1p 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 pages 57-59 of the Company's Annual Report and Accounts for the year ended 30 December 2015. 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. Awards were also made to approximately 50 members of staff.

- ENDS -

For further information:

 
 Capital & Regional:                        Tel: 020 7932 8000 
 Hugh Scott-Barrett, Chief Executive 
 Charles Staveley, Group Finance Director 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCPGUQCRUPQGCW

(END) Dow Jones Newswires

August 23, 2016 11:15 ET (15:15 GMT)

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