Capital & Regional - Director/PDMR Shareholding
10/06/2024 15:30
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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 (mailto: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 (http://www.capreg.com/)
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