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LONDON - Vp plc announced Monday that it has granted a long-term incentive plan award to Jeremy Pilkington for 82,571 notional shares, according to a company press release.
The award, which was approved by the Remuneration Committee on May 27, 2025, will vest only if performance targets are achieved or exceeded during the three-year period from April 1, 2025, to March 31, 2028.
Pilkington, identified as a person discharging managerial responsibilities (PDMR), received the award with a zero exercise price. The award involves ordinary shares of 5p each to be settled as notional shares.
The company made the notification in accordance with the requirements of the UK Market Abuse Regulation. The transaction was formally dated July 21, 2025.
Vp plc, which trades under the ISIN code GB0009286963, did not disclose the specific performance targets that would trigger the vesting of the award.
The company’s Chief Executive Anna Bielby and Chief Financial Officer Keith Winstanley were listed as contacts in the press release statement.
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