Braemar Plc Grants Share Incentives to Top Executives
Why we think this is neutral
This RNS announcement is related to the grant of share incentives to the company's top executives, which is a routine corporate action and does not provide any significant new information about the company's financial performance or outlook.
Key Points
- Grant of nil-cost options over ordinary shares to Group CEO and CFO
- Options will vest in 2028 subject to performance criteria
- Performance criteria based on growth in underlying Earnings Per Share
Summary
The shipping services provider has granted nil-cost options over its ordinary shares to the Group CEO and CFO under the company's Long-Term Incentive Plan.
Braemar Plc, a leading provider of expert investment, chartering, and risk management advice to the shipping and energy markets, has announced the grant of nil-cost options over the company's ordinary shares to the Group Chief Executive Officer and Group Chief Financial & Operating Officer under the Braemar Long-Term Incentive Plan. The awards will vest in 2028, subject to the satisfaction of performance criteria based on the company's growth in underlying Earnings Per Share.
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