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Sirius Real Estate Announces Vesting of Incentive Plan Awards

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Sirius Real Estate Announces Vesting of Incentive Plan Awards

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Sirius Real Estate ( (GB:SRE) ) just unveiled an update.

Sirius Real Estate Limited announced the vesting of awards under its 2021 Long Term Incentive Plan (LTIP), Deferred Bonus Plan (DBP), and UK Share Incentive Plan (UK SIP). A total of 1,318,254 new ordinary shares will be issued to satisfy the LTIP awards, while no new shares will be issued for the DBP and UK SIP awards. This move increases the company’s total voting rights to 1,513,175,644. The new shares are set to be listed on the LSE and JSE, reflecting the company’s commitment to rewarding its management and aligning their interests with shareholders.

The most recent analyst rating on (GB:SRE) stock is a Buy with a £1.10 price target. To see the full list of analyst forecasts on Sirius Real Estate stock, see the GB:SRE Stock Forecast page.

Spark’s Take on GB:SRE Stock

According to Spark, TipRanks’ AI Analyst, GB:SRE is a Outperform.

Sirius Real Estate exhibits strong financial health with robust profitability and efficient cash flow management. The stock is attractively valued, with a solid dividend yield enhancing its appeal. Corporate events reflect strategic growth and confidence in the company’s future, although technical analysis suggests a cautious outlook on short-term momentum.

To see Spark’s full report on GB:SRE stock, click here.

More about Sirius Real Estate

Sirius Real Estate Limited is a company incorporated in Guernsey, operating in the real estate industry. It is listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE), focusing on managing and developing commercial properties.

Average Trading Volume: 3,752,129

Technical Sentiment Signal: Buy

Current Market Cap: £1.46B

For an in-depth examination of SRE stock, go to TipRanks’ Stock Analysis page.

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