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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 51.40 | 50.20 | 51.40 | 20,152 | 08:00:32 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMCAL
RNS Number : 7680C
Capital & Regional plc
19 April 2017
19 April 2017
Capital & Regional plc ("the Company)
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") has today 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/Persons Discharging Managerial Responsibility of the Company:
Ken Ford 660,905 Charles Staveley 627,300
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 60 of the Company's Annual Report and Accounts for the year ended 30 December 2016. 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.
An award of 1,260,504 ordinary shares will also be made to Lawrence Hutchings as soon as practicable upon him joining the Company as Chief Executive on 13 June 2017.
- 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
MSCGGUCWCUPMGCB
(END) Dow Jones Newswires
April 19, 2017 11:00 ET (15:00 GMT)
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