Sancus Lending Group Limited Long Term Incentive Plan Awards (7837V)
06 Décembre 2023 - 8:00AM
UK Regulatory
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 +44 (0)1534 708
Rory Mepham 900
Liberum Capital (Nominated Adviser and Corporate
Broker)
Lauren Kettle
Chris Clarke
William King +44 (0)20 3100 2000
Instinctif Partners (PR Adviser)
Tim Linacre +44 (0)207 457 2020
Sanne Fund Services (Guernsey) Limited
(Company Secretary) +44 (0)1481 755
Matt Falla 530
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END
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