SSE Announces Vesting of Executive Incentive Awards
Why we think this is neutral
The RNS announcement details the vesting of awards under the company's various incentive plans, which is a routine corporate event and does not contain any significant news that would impact the company's performance or outlook.
Key Points
- Vesting of awards granted in 2022 under the Deferred Bonus Scheme, Performance Share Plan, and Leadership Share Plan
- Shares transferred to participating directors and PDMRs after three-year performance periods
- Vesting subject to continuous employment and/or achievement of performance conditions
Summary
The utility company has announced the vesting of awards under its executive incentive plans, with shares transferred to participating directors and PDMRs.
SSE plc has announced the vesting of awards granted in 2022 under its Deferred Bonus Scheme, Performance Share Plan, and Leadership Share Plan. The awards, including additional shares representing reinvested dividends, have been transferred to the participating directors and PDMRs after the completion of the respective three-year performance periods.
DIRECTOR DEALINGS