February 23, 2018 / 7:18 AM / 6 months ago

BRIEF-Persimmon ‍Amends 2012 Long Term Incentive Plan Entitlements For CEO, CFO, MD

Feb 23 (Reuters) - Persimmon Plc:

* ‍AMENDMENTS TO 2012 LONG TERM INCENTIVE PLAN ENTITLEMENTS FOR JEFF FAIRBURN, CEO, MIKE KILLORAN, CFO, DAVE JENKINSON, GROUP MANAGING DIRECTOR​

* ‍JEFF FAIRBURN, MIKE KILLORAN DECIDED TO REDUCE OVERALL ENTITLEMENT BY NUMBER OF SHARES EQUAL TO 50% OF SHARES TO WHICH ENTITLED ON SECOND VESTING​

* ‍ALL 3 EXECUTIVES DECIDED TO CAP VALUE OF ANY FUTURE EXERCISE OF REMAINING SECOND VESTING ENTITLEMENT TO MAXIMUM VALUE EQUAL TO £29 PER SHARE​

* ‍THERE WILL BE NO CHANGES TO 2012 LTIP FOR OTHER PLAN PARTICIPANTS​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below