REG - Glenveagh Properties - Director/PDMR Shareholding

Glenveagh PropertiesAnnouncement

19/03/2025 15:15

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RNS Number : 3507B  Glenveagh Properties plc  19 March 2025

 

19 March 2025

 

Glenveagh Properties plc

 

Awards under the Glenveagh Properties plc Long Term Incentive Plan

 

On 13 March 2025, the following awards were granted under the Glenveagh
Properties plc Long Term Incentive Plan ("LTIP"):

 

 Name of Director/PDMR  Role                     No. of Share Options under Award
 Stephen Garvey         Chief Executive Officer  856,716
 Conor Murtagh          Chief Financial Officer  499,751
 Chloe McCarthy         Group Company Secretary  193,472

 

 

The number of shares awarded under the LTIP is based on the closing price on
Euronext Dublin on 13 March 2025, the date of grant.

 

The following metrics and targets will apply to the 2025 LTIP awards, to be
achieved in FY2027:

 

 

 Metric  Weighting  Threshold Target (25%)  Maximum Target (100%)
 EPS     50%        19.0c                   24.0c
 ROE     50%        11%                     16.2%

Vesting between threshold and maximum targets will be calculated on a
straight-line basis.

 

For further information, please contact:

Glenveagh Properties plc

Chloe McCarthy

Group Company Secretary

Tel: +353 (1) 903 7100

 

 

 

 

 

 

 

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)]

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                        Stephen Garvey

     Reason for the notification

 a)  Position/status                             Chief Executive Officer/PDMR

 b)  Initial Notification Amendment              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                        Glenveagh Properties plc

 b)  LEI                                         635400QUQ2YYGMOAK834

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial  instrument,   Glenveagh Properties plc Ordinary Shares of €0.001 each

     type  of                                    ISIN: IE00BD6JX574

     instrument

     Identification code
 b)  Nature of the transaction                   Grant of nominal priced options under the Glenveagh Properties plc Long Term
                                                 Incentive Plan
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                 €0.001    856,716
 d)  Aggregated information

     - Aggregated volume                         Not applicable - single transaction

     - Price
 e)  Date of the transaction                     13 March 2025

 f)  Place of the transaction                    Outside a trading venue

 g)  Additional Information                      Period during which options can be exercised:

                                                 12 March 2028 to 13 March 2032

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

13 March 2025

 

f)

Place of the transaction

Outside a trading venue

 

g)

Additional Information

Period during which options can be exercised:

 

12 March 2028 to 13 March 2032

 

 

 

 

 

 

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)]

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                        Conor Murtagh

     Reason for the notification

 a)  Position/status                             Chief Financial Officer/PDMR

 b)  Initial Notification Amendment              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                        Glenveagh Properties plc

 b)  LEI                                         635400QUQ2YYGMOAK834

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial  instrument,   Glenveagh Properties plc Ordinary Shares of €0.001 each

     type  of                                    ISIN: IE00BD6JX574

     instrument

     Identification code
 b)  Nature of the transaction                   Grant of nominal priced options under the Glenveagh Properties plc Long Term
                                                 Incentive Plan
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                 €0.001    499,751
 d)  Aggregated information

     - Aggregated volume                         Not applicable - single transaction

     - Price
 e)  Date of the transaction                     13 March 2025

 f)  Place of the transaction                    Outside a trading venue

 g)  Additional Information                      Period during which options can be exercised:

                                                 12 March 2028 to 13 March 2032

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

13 March 2025

 

f)

Place of the transaction

Outside a trading venue

 

g)

Additional Information

Period during which options can be exercised:

 

12 March 2028 to 13 March 2032

 

 

 

 

 

 

 

 

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)]

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                        Chloe McCarthy

     Reason for the notification

 a)  Position/status                             Company Secretary/PDMR

 b)  Initial Notification Amendment              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                        Glenveagh Properties plc

 b)  LEI                                         635400QUQ2YYGMOAK834

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial  instrument,   Glenveagh Properties plc Ordinary Shares of €0.001 each

     type  of                                    ISIN: IE00BD6JX574

     instrument

     Identification code
 b)  Nature of the transaction                   Grant of nominal priced options under the Glenveagh Properties plc Long Term
                                                 Incentive Plan
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                 €0.001    193,472
 d)  Aggregated information

     - Aggregated volume                         Not applicable - single transaction

     - Price
 e)  Date of the transaction                     13 March 2025

 f)  Place of the transaction                    Outside a trading venue

 g)  Additional Information                      Period during which options can be exercised:

                                                 12 March 2028 to 13 March 2032

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

13 March 2025

 

f)

Place of the transaction

Outside a trading venue

 

g)

Additional Information

Period during which options can be exercised:

 

12 March 2028 to 13 March 2032

 

 

 

 

 

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