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Entra Allocates Long-Term Incentive Shares to Senior Managers

Story Highlights
  • Entra ASA has granted shares to key managers under its long-term incentive programme, with vesting spread over five years.
  • After the allocations, Entra holds 308,090 treasury shares, a balance that will vary due to a separate ongoing share buy-back.
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Entra Allocates Long-Term Incentive Shares to Senior Managers

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The latest announcement is out from Entra ASA ( (GB:0R3Y) ).

Entra ASA has allocated shares to persons discharging managerial responsibilities under its Long-Term Incentive Programme, which was previously approved by shareholders. The shares are subject to a five-year vesting schedule, with one-third vesting after three, four, and five years respectively, reinforcing long-term alignment between management and shareholders.

Following these allocations, the company holds 308,090 treasury shares based on its position at market close on 24 February, though this figure will change as an ongoing share buy-back programme continues. The buy-back is distinct from the LTI Programme, and the disclosure underscores Entra’s compliance with Norwegian securities regulations and its continued use of equity-based incentives for key executives.

The most recent analyst rating on (GB:0R3Y) stock is a Sell with a NOK102.00 price target. To see the full list of analyst forecasts on Entra ASA stock, see the GB:0R3Y Stock Forecast page.

More about Entra ASA

Entra ASA is a leading Norwegian owner, manager, and developer of office properties, with a portfolio of around 80 buildings totaling about 1.3 million square metres. Its assets are concentrated in the Greater Oslo region, Bergen, and Stavanger, and it focuses on long-term leases with public sector bodies and high-quality private tenants, aiming for profitable growth and environmental leadership.

Average Trading Volume: 92,567

Current Market Cap: NOK20.76B

For a thorough assessment of 0R3Y stock, go to TipRanks’ Stock Analysis page.

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