RCS - GlobalData PLC - £82m Share Scheme Vests for 146 Employees

GlobalDataAnnouncement

15/08/2022 07:00

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RNS Number : 9364V  GlobalData PLC  15 August 2022

RNS REACH

 

15 August 2022

 

GlobalData Plc

(AIM: DATA, GlobalData, the Group)

 

£82m Share Scheme Vests for 146 Employees

 

GlobalData Plc, the leading provider of industry intelligence, is pleased to
announce that as part of a goal to align employees to the long-term success of
GlobalData, 146 long-term employees have benefited from the Group's share
option scheme, with share awards representing a total sum of £82m vested in
August 2022.

 

The Group created a share option scheme ("Scheme 1") in 2010, granted the
first options on 1 January 2011, with the scheme remaining open to new
entrants until 31 December 2020. The scheme was subject to a £52m Adjusted
EBITDA performance target, which was met last year.

 

When options were first granted under Scheme 1, the Group had reported
revenues of £54m and Adjusted EBITDA of £7m. Since then, growth over the
period 2011-2021 represents a revenue CAGR of 13% and an Adjusted EBITDA CAGR
of 23%.

 

Subsequent employee share option schemes created in 2019 and 2021 remain open
to Global Data employees and are scheduled to vest between February 2025 and
February 2027. The CEO did not participate in Scheme 1 or the 2019, 2020
schemes.

 

Mike Danson, Chief Executive Officer of GlobalData Plc, commented:

 

"I am delighted that so many colleagues who have been with GlobalData over the
past decade have been rewarded for their part in the Company's success story.
It demonstrates an alignment of goals between our people and the long-term
interests of the Group. Our people, our customers, our environment and our
communities remain the beating heart of GlobalData. Combined, they represent
the guiding focus for sustainable growth.

 

I set out to create a great company with great people. Those rewarded in our
employee share scheme are in roles across our organisation, from client facing
roles in account management and product development, to organisational support
roles in business administration and facilities management. All are fantastic
talents and people I am thrilled to work alongside day-to-day. Alongside our
recently launched professional development programmes including mentoring and
funded learning and development, this is a timely moment to recognise the many
people that contribute to GlobalData's long-term success."

 

ENQUIRIES

 

 GlobalData Plc
 Mike Danson, Chief Executive Officer           0207 936 6400
 Graham Lilley, Chief Financial Officer

 J.P. Morgan Cazenove (Nomad and Joint Broker)  0207 742 4000
 Bill Hutchings
 Mose Adigun

 Panmure Gordon (Joint Broker)                  0207 886 2500
 Erik Anderson
 Alina Vaskina

 Numis Securities (Joint Broker)                0207 260 1000

 Nick Westlake

 Iqra Amin

 FTI Consulting (Financial PR)                  0203 727 1000
 Edward Bridges
 Rob Mindell
 Dwight Burden

 

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