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Haleon plc (LSE/NYSE:HLN) reported Friday that it has granted conditional share awards to two senior executives under its Performance Share Plan and Share Value Plan, according to a statement filed with the Securities and Exchange Commission.
The company disclosed that Carl Haney, Chief R&D Officer, received a conditional award of 641,096 ordinary shares under the Performance Share Plan (Interim) and 192,571 ordinary shares under the Share Value Plan (Buyout). Both awards were granted at nil cost. The Performance Share Plan awards are subject to continued employment and performance conditions through December 31, 2027, with vesting scheduled for March 2028. The Share Value Plan awards require continued employment.
Nathalie Gerschtein, President North America, was granted 244,400 American Depositary Shares (ADS) under the Performance Share Plan (Interim) and 405,911 ADS under the Share Value Plan (Buyout), also at nil cost. The same vesting and employment conditions apply.
All awards were made in accordance with Haleon’s Directors’ Remuneration Policy and are subject to malus and clawback provisions. The transactions took place outside a trading venue on September 4.
This information is based on a press release statement filed with the SEC.
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