Director/PDMR Shareholding

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

 

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

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