Derwent London Announces Director Share Awards Under Bonus Plan

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Derwent London Announces Director Share Awards Under Bonus Plan

Derwent London plc REIT ( (GB:DLN) ) just unveiled an announcement.

Derwent London plc has announced changes to the interests of its directors in the company’s ordinary shares, as part of its Annual Bonus Plan. The plan involves deferring a portion of the 2024 annual bonus into shares, which will be released after three years, contingent on continued employment. This move aligns with Market Abuse Regulations and aims to incentivize and retain key personnel, potentially impacting the company’s operational stability and stakeholder confidence.

More about Derwent London plc REIT

Derwent London plc is a real estate investment trust (REIT) focused on property investment and development, primarily in central London. The company specializes in office spaces and has a significant presence in the commercial real estate market.

YTD Price Performance: -7.10%

Average Trading Volume: 260,109

Technical Sentiment Signal: Buy

Current Market Cap: £2.04B

For an in-depth examination of DLN stock, go to TipRanks’ Stock Analysis page.

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