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LONDON - Vp plc (LSE:VP) announced Monday it has granted 78,947 shares to Chief Executive Anna Bielby under its Long Term Incentive Plan.
The award, approved by the company’s Remuneration Committee on May 27, will only vest if performance targets are achieved or exceeded during the three-year period from April 1, 2025, to March 31, 2028, according to a company press release.
The notification was made in accordance with UK Market Abuse Regulation requirements. The shares were granted at zero cost to Bielby, who assumed the CEO position earlier this year.
Vp plc, a specialist equipment rental business, made the disclosure as part of its regulatory reporting obligations for transactions involving persons discharging managerial responsibilities (PDMRs).
The company’s shares trade on the London Stock Exchange (LON:LSEG) under the ticker VP with ISIN code GB0009286963.
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