Capital & Regional plc Director/PDMR Shareholding
June 10 2024 - 10:30AM
RNS Regulatory News
RNS Number : 8438R
Capital & Regional plc
10 June 2024
10 June
2024
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the
Company")
UK company number
01399411
LSE share code:
CAL
ISIN: GB00BL6XZ716
LEI: 21380097W74N9OYF5Z25
Combined Incentive Plan
Award
Capital & Regional announces
that on 10 June 2024, the Company completed grant of the following
share award of ordinary shares of £0.10 per share as part of the
2023 Bonus Award under the Capital & Regional plc Combined
Incentive Plan to the following director of the Company:
PARTICIPANT
|
NUMBER OF SHARES AWARDED
|
Stuart Wetherly
|
596,604
|
The award was calculated with
reference to the share price at the end of December 2023. The
exercise price for the award granted is a
maximum of £0.10 per share. Shares will vest in three equal
tranches in years three, four and five from grant and will be
subject to the achievement of a relative Total Shareholder Return
underpin. Further detail on the
performance conditions is provided on page 146 to 149 of the
Company's Annual Report and Accounts for the year ended 30 December
2023. Vested shares will be subject to an
additional holding period up to fifth anniversary of the date of
grant. Malus and clawback provisions apply.
- ENDS -
For further
information:
Capital & Regional
plc
020 7932 8000
Lawrence Hutchings
Stuart Wetherly
FTI
Consulting
020 3727 1000
Richard
Sunderland
Bryn Woodward
Oliver Parsons
capreg@fticonsulting.com
About Capital & Regional
plc
Capital & Regional is a UK
focused retail property REIT specialising in shopping centres that
dominate their catchment, serving the non-discretionary and value
orientated needs of the local communities. It has a track record of
delivering value enhancing retail and leisure asset management
opportunities across a portfolio of tailored in-town community
shopping centres.
Using its expert property and asset
management platform Capital & Regional owns and manages
shopping centres in Edinburgh, Hemel Hempstead, Ilford, Maidstone,
Walthamstow and Wood Green.
Capital & Regional is listed on
the main market of the London Stock Exchange (LSE) and has a
secondary listing on the Johannesburg Stock Exchange
(JSE).
For further information
see www.capreg.com
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END
DSHFLFEVREIILIS
Capital & Regional (LSE:CAL)
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