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Lords Group Trading PLC Announces Long Term Incentive Plan Awards

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Lords Group Trading PLC Announces Long Term Incentive Plan Awards

Lords Group Trading PLC ( (GB:LORD) ) has shared an announcement.

Lords Group Trading PLC has announced the conditional granting of nil cost options over 5,012,480 ordinary shares under its Long Term Incentive Plan (LTIP) to Board and divisional executives. The performance targets for these awards are based on growth in Earnings per Share (EPS) and Total Shareholder Return (TSR) over a three-year period, with specific targets set for organic growth and performance relative to a comparator group. The announcement highlights the company’s strategic focus on aligning executive incentives with long-term success and includes a one-off Restricted Share Award for 2024 to certain executives.

More about Lords Group Trading PLC

Lords Group Trading PLC is a leading distributor of building materials in the UK, focusing on providing a wide range of construction products to various market segments.

YTD Price Performance: -20.90%

Average Trading Volume: 62,280

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £44.04M

See more data about LORD stock on TipRanks’ Stock Analysis page.

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