FD Technologies PLC Notification of Long-Term Incentive Award to PDMR
December 13 2024 - 2:00AM
RNS Regulatory News
RNS Number : 9370P
FD Technologies PLC
13 December 2024
FD Technologies
plc
("FD Technologies" or the
"Company")
13
December 2024
Notification of Long-Term
Incentive Award to PDMR
FD Technologies (AIM: FDP.L,
Euronext Growth: FDP.I) announces the grant of restricted share
units and performance share units under a Long Term Incentive Plan
(LTIP) to a Person Discharging Managerial Responsibility ("PDMR")
of the Company as follows:
|
PDMR
|
Number of shares over which
awards were granted on 11th December
2024
|
|
RSU Award
|
PSU Award
|
|
Ashok
Reddy
|
14,523
Units
|
43,570
Units
|
The LTIP Award has been determined
by the Remuneration and Talent Committee composed entirely of
independent Non-Executive Directors and advised by independent
remuneration consultants, Farient.
The RSUs will vest annually on the
first, second, third and fourth anniversary of the
Award.
The PSUs
will vest based on the compound annual growth rate in the Company's
share price
|
|
Threshold
|
Target
|
Maximum
|
|
% Vesting of PSUs
|
25%
|
50%
|
100%
|
|
Per
|
|
|
|
|
CAGR in Company share
price
|
20%
|
28.75%
|
37.5%
|
Compound annual growth rate (CAGR)
is calculated from a starting baseline of the average GBP share
price calculated over the 30 day period following the announcement
of the Company's half year results on 26 November 2024 and takes
the final point as the average GBP share price calculated over the
30 day period following the publication of the Company's full year
results for the period ended 28 February 2027.
The performance metric has been
selected as an appropriate measure and reflects the Company's
commitment to alignment of executive incentives with shareholder
interests. The performance targets have been designed to reflect
ambitious yet achievable growth, balancing internal expectations
and external market forecasts to drive sustained value creation for
shareholders.
For
further information, please contact:
|
FD
Technologies plc
Seamus Keating, Chief Executive
Officer
Ryan Preston, Chief Financial
Officer
Derek Brown, Head of Investor
Relations
|
+44(0)28 3025 2242
www.fdtechnologies.com
|
|
Investec Bank plc
(Nominated Adviser and Broker)
Carlton Nelson
Virginia Bull
|
|
+44 (0)20 7597 5970
|
|
FTI
Consulting
Matt Dixon
Dwight Burden
Victoria Caton
|
+44 (0)20 3727 1000
|
For further information, please
visit www.fdtechnologies.com.
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
DSHGPGBWPUPCGMP
Fd Technologies Public (LSE:FDP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Fd Technologies Public (LSE:FDP)
Historical Stock Chart
From Dec 2023 to Dec 2024
