Glenveagh Properties plc Awards under the Glenveagh Properties plc LTIP
03 Mai 2024 - 3:15PM
RNS Regulatory News
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: +353 (1) 903 7100
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