Long-Term Incentive Plan ("LTIP") grant
Updated : 15:40
Long-Term Incentive Plan ("LTIP") grant
Hibernia REIT plc (the "Company") announces that on 31 July 2019 conditional awards of the Company's ordinary shares of €0.10 cent each ("LTIP Shares") under the LTIP were granted to Executive Directors and other Persons Discharging Managerial Responsibilities ("PDMRs") as outlined below.
Directors | LTIP Shares at nil consideration |
Kevin Nowlan | 585,176 |
Tom Edwards-Moss | 442,133 |
PDMRs | LTIP Shares at nil consideration |
Edwina Governey | 170,676 |
Justin Dowling | 170,676 |
Sean O'Dwyer | 143,368 |
Frank O'Neill | 117,035 |
Mark Pollard | 224,317 |
The above LTIP Shares vest after three years, subject to performance conditions which are set out in the Company's Directors' Remuneration Report for the year ended 31 March 2019.
These transactions took place outside of a trading venue.
This notification is made in accordance with the requirements of the EU Market Abuse Regulation. The identification code for the Company's ordinary shares of €0.10 cent each is IE00BGHQ1986 and the LEI code for the Company is 635400MHRA4QVVFTON18.
ENDS
Contacts:
Hibernia REIT plc +353 1 536 9100
Tom Edwards-Moss, Chief Financial Officer
Sean O'Dwyer, Company Secretary
Murray Consultants
Doug Keatinge: +353 86 037 4163, dkeatinge@murraygroup.ie
Jill Farrelly: +353 87 738 6608, jfarrelly@murraygroup.ie
About Hibernia REIT plc
Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT"), listed on Euronext Dublin and the London Stock Exchange. Hibernia owns and develops property and specialises in Dublin city centre offices.
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