Glenveagh Properties plc Awards under the Glenveagh Properties plc LTIP

RNS Number : 2335N

Glenveagh Properties plc

03 May 2024

 

 

3 May 2024

 

Glenveagh Properties plc

 

Awards under the Glenveagh Properties plc Long Term Incentive Plan

 

 

On 28 March 2024, awards were granted under the Glenveagh Properties plc (the "Company") Long Term Incentive Plan ("LTIP"). At the time of announcing the awards, the Company stated that full details of the performance measures that will apply to the 2024 LTIP would be announced following a comprehensive review of internal forecasts and taking into account external expectations of future performance.

 

The Company now announces the following targets that will apply to the 2024 LTIP awards, to be achieved in FY2026:

 

 

Metric	Weighting	Threshold Target (25%)	Maximum Target (100%)
EPS	50%	€0.14	€0.23
ROE	50%	11%	16.2%

 

 

For further information, please contact:

Glenveagh Properties plc 

Chloe McCarthy

Company Secretary

Tel: [phone]

 

 

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