Awards under the Glenveagh Properties plc LTIP
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On 28 March 2024, awards were granted under the Glenveagh Properties plc (the "Company") Long Term Incentive Plan ("LTIP"). At the time of announcing the awards, the Company stated that full details of the performance measures that will apply to the 2024 LTIP would be announced following a comprehensive review of internal forecasts and taking into account external expectations of future performance.
The Company now announces the following targets that will apply to the 2024 LTIP awards, to be achieved in FY2026:
| Metric | Weighting | Threshold Target (25%) | Maximum Target (100%) |
|---|---|---|---|
| EPS | 50% | €0.14 | €0.23 |
| ROE | 50% | 11% | 16.2% |
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