Director/PDMR Shareholding
Source: RNS
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
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
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.
