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GEN

0.71%
NEUTRAL

Genuit Group Grants Long-Term Incentive Awards to Executives

Why we think this is neutral

The RNS announcement details the grant of awards under the company's Long Term Incentive Plan to executives, which is a routine corporate action and does not contain any significant news that would impact the company's performance or outlook.

Key Points

  • Grant of long-term incentive awards to executives
  • Awards subject to performance conditions including cash conversion, EPS growth, and sustainability targets
  • Awards will vest in April 2028 if performance conditions are met

Summary

The industrial group has granted long-term incentive awards to its senior management team, including the CEO and CFO.

Genuit Group plc has granted awards under its 2024 Long Term Incentive Plan to the Chief Executive Officer, Chief Financial Officer, and other members of the senior management team. The awards are subject to performance conditions related to cash conversion, earnings per share growth, and sustainability targets, as well as a total shareholder return modifier. The awards will vest in April 2028 if the performance conditions are met.

Key Dates

11 April 2028
Vesting of long-term incentive awards
DIRECTOR DEALINGS