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Origin Enterprises Discloses LTIP Share Dealings by Executive Director

Story Highlights
  • Origin Enterprises reported the vesting of 2022 LTIP share awards to executive director TJ Kelly.
  • Kelly sold some vested shares for tax and costs and now holds 0.16% of Origin’s share capital.
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Origin Enterprises Discloses LTIP Share Dealings by Executive Director

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Origin Enterprises plc ( (GB:OGN) ) has issued an update.

Origin Enterprises plc disclosed that conditional share awards granted in 2022 to executive director TJ Kelly under its 2015 Long Term Incentive Plan have partly vested, resulting in the acquisition of 81,374 ordinary shares. A portion of these shares was subsequently sold to cover associated tax liabilities, exercise costs and commissions, with the balance retained by Kelly.

Following these transactions, Kelly retained 38,654 shares from the vested awards and now beneficially owns 169,575 Origin shares, representing about 0.16% of the company’s issued share capital excluding treasury shares. The disclosure, made under the EU Market Abuse Regulation, underscores ongoing transparency around executive remuneration and equity incentives at the agronomy services group.

More about Origin Enterprises plc

Origin Enterprises plc is an agronomy services and crop inputs group that champions sustainable land use through technically led solutions. The company holds leading market positions in Ireland, the U.K., Brazil, Poland and Romania, and its shares are listed on Euronext Growth Dublin under ticker OIZ and on AIM in London under ticker OGN.

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

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