Segro plc (REIT) ( (GB:SGRO) ) just unveiled an announcement.
SEGRO plc announced the release of shares to its Executive Directors under the Long Term Incentive Plan (LTIP) from 2020, marking the end of a two-year holding period. The shares were initially granted in 2020 and vested fully after meeting performance conditions by 2023, with the final release occurring on March 26, 2025. This release involved the acquisition and subsequent sale of shares to meet tax obligations, with transactions conducted on the London Stock Exchange. This move reflects SEGRO’s ongoing commitment to aligning executive compensation with company performance, potentially impacting shareholder value and executive motivation.
More about Segro plc (REIT)
SEGRO plc is a Real Estate Investment Trust (REIT) that specializes in the development and management of modern warehousing and light industrial properties. The company primarily focuses on serving the logistics and industrial sectors, providing spaces that cater to the needs of businesses involved in distribution, e-commerce, and manufacturing.
YTD Price Performance: -0.07%
Average Trading Volume: 3,577,948
Technical Sentiment Signal: Buy
Current Market Cap: £9.2B
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