Long-Term Incentive Plans - Performance Measures

RNS Number : 6347G
Experian plc
26 November 2020
 

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCBFBBTMTMTBRM

Companies

Experian (EXPN)
UK 100

Latest directors dealings