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CAPITAL & REGIONAL PLC - Combined Incentive Plan award

Release Date: 25/04/2022 17:05
Code(s): CRP     PDF:  
Wrap Text
Combined Incentive Plan award

(Incorporated in the United Kingdom)
(UK company number 01399411)
LSE share code: CAL JSE share code: CRP
LEI: 21380097W74N9OYF5Z25
("Capital & Regional" or "the Company")


Capital & Regional announces that on 25 April 2022, the Company completed grants of the following share
awards of ordinary shares of £0.10 per share as part of the 2021 Bonus Award under the Capital & Regional
plc Combined Incentive Plan to the following directors of the Company:

PARTICIPANT                                      NUMBER OF SHARES AWARDED
Lawrence Hutchings                               937,857
Stuart Wetherly                                  513,217

The awards were calculated with reference to the share price at the end of December 2021. The exercise price
for the awards granted is a maximum of £0.10 per share. Shares will vest in three equal tranches in years three,
four and five from grant and will be subject to the achievement of a relative Total Shareholder Return underpin.
Further detail on the performance conditions is provided on page 99 to 100 of the Company's Annual Report
and Accounts for the year ended 30 December 2021. Vested shares will be subject to an additional holding
period up to fifth anniversary of the date of grant. Malus and clawback provisions apply.

25 April 2022

JSE sponsor
Java Capital

About Capital & Regional plc
Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their
catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong
track record of delivering value enhancing retail and leisure asset management opportunities across its
portfolio of in-town shopping centres.

Using its in-house expert property and asset management platform Capital & Regional owns and / or manages
eight shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Redditch, Walthamstow
and Wood Green.

Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary
listing on the Johannesburg Stock Exchange (JSE)

For further information see

Date: 25-04-2022 05:05:00
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