Great Portland Estates plc R.E.I.T. (GB:GPE) has released an update.
Great Portland Estates plc has announced the granting of awards to key Directors under its Deferred Share Bonus Plan and Restricted Share Plan, with nil cost options over ordinary shares. The shares are subject to vesting conditions based on service and performance, with vesting dates set for June 2027 and an additional holding period for the Restricted Share Plan. This strategic move aligns the interests of the Directors with those of the company over the long term, potentially signaling confidence in the company’s future performance.
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