Sancus Lending Group Limited Long Term Incentive Plan Awards (7837V)

TIDMLEND

RNS Number : 7837V

Sancus Lending Group Limited

06 December 2023

Sancus Lending Group Limited

("Sancus", the "Group" or the "Company")

Long Term Incentive Plan Awards

The Company confirms that it has granted Rory Mepham, CEO of Sancus, the right to 22,000,000 restricted forfeiture ordinary shares (the "Forfeiture Shares") and James Waghorn, CIO of Sancus, the right to 14,000,000 Forfeiture Shares, pursuant to the Company's long-term incentive scheme (the "LTIP"), which was approved at the Company's annual general meeting on 19 May 2023.

The forfeiture share restrictions, pursuant to the LTIP, will be lifted in 2026 subject to the achievement of operating profit targets.

A further update on the creation and issue of the Forfeiture Shares will be provided in due course.

For further information, please contact:

 
 Sancus Lending Group Limited                        [phone] 
  Rory Mepham                                         900 
 Liberum Capital (Nominated Adviser and Corporate 
  Broker) 
  Lauren Kettle 
  Chris Clarke 
  William King                                       [phone] 
 Instinctif Partners (PR Adviser) 
  Tim Linacre                                        [phone] 
 Sanne Fund Services (Guernsey) Limited 
  (Company Secretary)                                [phone] 
  Matt Falla                                          530 
 

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December 06, 2023 02:00 ET (07:00 GMT)