Dialight Director Granted Units Under Value Creation Plan
Why we think this is neutral
This RNS announcement is regarding the grant of units under Dialight's Value Creation Plan to the CFO, Mark Fryer. While this is an important corporate governance update, it does not contain any financial or operational information that would significantly impact the company's performance or outlook.
Key Points
- Grant of 170 units in Dialight's 2024 Value Creation Plan to CFO Mark Fryer
- Units have performance testing periods from 1 April 2024 to 31 March 2027 and 1 April 2024 to 31 March 2028
- Any resulting share options will be subject to a further 2-year holding period
Summary
The industrial lighting company has granted units in its Value Creation Plan to the CFO, as part of the firm's executive compensation program.
Dialight plc (DIA.L) has announced that the Group CFO, Mark Fryer, has been granted 170 units in the company's 2024 Value Creation Plan. The units will have performance testing periods from 1 April 2024 to 31 March 2027 and 1 April 2024 to 31 March 2028, with any resulting share options subject to a further 2-year holding period.
Key Dates
31 March 2027
End of first performance testing period for VCP units
31 March 2028
End of second performance testing period for VCP units
DIRECTOR DEALINGS