Experian plc
Long-Term Incentive Plans - Performance Measures
26 November 2020 - Experian plc (the "Company"), the global information services company, hereby notifies the market of the performance measures that will apply to Long-Term Incentive Plan awards made to directors of the Company on 11 June 2020.
Vesting of the awards will be subject to meeting the following targets, which will be measured over three years (1 April 2020 to 31 March 2023), with a further two-year holding period applicable.
Performance Measure |
Weighting |
Vesting1 |
|||
0% |
25% |
50% |
100% |
||
Co-Investment Plan awards |
|
|
|
|
|
Benchmark Earnings per share (average annual growth)2 |
50% |
Below 3% |
3% |
4% |
7% |
Cumulative Benchmark operating cash flow |
50% |
Below US$3.7bn |
US$3.7bn |
US$3.8bn |
US$4.1bn |
Performance Share Plan (PSP) awards 3 |
|
|
|
|
|
Benchmark Earnings per share (average annual growth)2 |
50% |
Below 3% |
3% |
4% |
7% |
Return on capital employed |
25% |
Below 14.5% |
14.5% |
15.4% |
16.0% |
TSR of Experian vs TSR of FTSE 100 Index |
25% |
Below Index |
Equal to Index |
8.3% above Index |
25% above Index |
1 Straight-line vesting between the point shown
2 Measured on an ongoing activities and constant exchange rate basis
3 The vesting of the PSP awards will also be subject to a discretionary financial underpin
Contact:
Experian
Ronan Hanna Deputy Company Secretary +353 (0) 86 380 2797
About Experian
Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 17,800 people operating across 45 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.
Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.