Ferrexpo Announces Director and Senior Manager Share Awards
Why we think this is neutral
This RNS announcement is a routine notification of share awards to directors and senior managers of Ferrexpo plc under the company's Long Term Incentive Plan. While the awards provide an incentive for the management team, the announcement itself does not contain any significant news that would impact the company's performance or outlook.
Key Points
- Director and senior manager share awards granted under Ferrexpo's Long Term Incentive Plan
- Awards approved by the Remuneration Committee
Summary
The steel producer has granted conditional share awards to its director and senior managers as part of the company's long-term incentive scheme.
Ferrexpo plc, the iron ore pellet producer, has announced that certain directors and senior managers have accepted awards granting a conditional interest in the company's ordinary shares. These awards were approved by the Remuneration Committee under the Ferrexpo Long Term Incentive Plan.
DIRECTOR DEALINGS