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CARR

3.43%
NEUTRAL

Carr's Group Announces Director Share Awards

Why we think this is neutral

The RNS announcement is regarding a director share award, which is not a mandatory news type that requires detailed analysis. While the share awards may be of interest to investors, the announcement does not contain any information about the company's trading performance, financial results, or other key business updates.

Key Points

  • Director share award of 28,488 nil-cost options
  • Options subject to performance conditions over 3-year period

Summary

The retailer has announced share awards to a director under its long-term incentive plan.

Carr's Group plc (CARR.L) has announced that the Company Secretary, Paula Robertson, has been awarded 28,488 nil-cost options over ordinary shares in the Company under the Company's Long Term Incentive Plan 2023. The options will be exercisable from the third anniversary of the award date to the tenth anniversary, subject to performance conditions based on the Company's adjusted Earnings Per Share and Return on Capital Employed over a three-year period.

Key Dates

8 May 2028
Expiry of director share options
DIRECTOR DEALINGS