We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Charles Stanley Group Plc | LSE:CAY | London | Ordinary Share | GB0006556046 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 512.50 | 510.00 | 515.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCAY
RNS Number : 3280Z
Charles Stanley Group PLC
17 September 2020
CHARLES STANLEY GROUP PLC
("the Company")
Update on LTIP Performance Condition Ranges
As noted in the Company's Annual Report for the year ended 31 March 2020, the Remuneration Committee took a decision in May 2020, taking account of market conditions as a result of COVID-19, to defer any decision on the threshold and maximum ranges for the Earnings Per Share ("EPS") and Margin performance conditions which would apply to awards made under the Company's Long Term Incentive Plan in the year ending 31 March 2021.
The Company announces that the Remuneration Committee has now agreed to set the threshold and maximum ranges for the EPS and Margin performance conditions.
For the purpose of the EPS performance condition, which accounts for up to 50% of an award, the Remuneration Committee has set an EPS range for threshold and maximum vesting. The details are set out below:
EPS target for year-ended 31 March Portion of 50% of Award that vests 2023 42p and above 100% ----------------------------------- Between 30p and 42p Pro-rata on straight-line basis between 20% and 100% ----------------------------------- 30p 20% ----------------------------------- Below 30p 0% -----------------------------------
For the purpose of the Margin performance condition, which accounts for up to 50% of an award, the Remuneration Committee has set a Margin range for threshold and maximum vesting. The details are set out below:
Margin for year-ended 31 March Portion of 50% of Award that vests 2023 16% and above 100% ----------------------------------- Between 10% and 16% Pro-rata on straight-line basis between 20% and 100% ----------------------------------- 10% 20% ----------------------------------- Below 10% 0% -----------------------------------
Julie Ung
Company Secretary
Charles Stanley Group PLC LEI: 213800LBSEGKE5MCYC90
For further information, please contact:
Charles Stanley Canaccord Genuity Peel Hunt KTZ Communications Siobhan Griffiths David Tyrrell Andrew Buchanan Katie Tzouliadis via KTZ Communications 020 7523 4677 020 3597 8680 020 3178 6384 Dan Mahoney 020 3178 6383
Notes to editors:
Charles Stanley traces its origins back directly to 1792 and is one of the oldest firms on the London Stock Exchange. Charles Stanley today provides holistic wealth management services to private clients, charities and smaller institutions. These are delivered by over 800 professionals located in 26 offices throughout the UK, both direct to clients and to intermediaries. Our services include investment portfolio management and financial planning, supported by in-house administration to enhance the quality of service provided. In addition, Charles Stanley Direct provides an award winning direct to customer execution-only dealing platform for equities and funds.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCKKOBKDBKDFCD
(END) Dow Jones Newswires
September 17, 2020 07:10 ET (11:10 GMT)
1 Year Charles Stanley Chart |
1 Month Charles Stanley Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions