TIDMCAL

RNS Number : 4824L

Capital & Regional plc

19 April 2018

19 April 2018

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

Issue of LTIP awards

Capital & Regional plc announces that Zedra Trust Company (Guernsey) Limited, the trustee of the Capital & Regional plc Employee Ownership Trust 2002 (the "Trustee") on 18 April 2018 granted the following share awards of ordinary shares of GBP0.01 per share under The Capital & Regional plc 2008 Long Term Incentive Plan (the "Plan") to the following Directors of the Company:

   Lawrence Hutchings       1,429,906 
   Charles Staveley            853,923

The exercise price for the awards granted is a maximum of GBP0.01 per share. Performance conditions measured over a three year period will determine the extent to which the awards will vest. Further detail on the performance conditions is provided on page 57 of the Company's Annual Report and Accounts for the year ended 30 December 2017. A holding period applies such that, in normal circumstances, awards must be held for two years following the end of the performance period. Malus and clawback provisions apply.

- ENDS -

For further information:

 
 Capital & Regional:               Tel: 020 7932 8000 
 Lawrence Hutchings, Chief 
  Executive 
 Charles Staveley, Group Finance 
  Director

This information is provided by RNS

The company news service from the London Stock Exchange

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April 19, 2018 07:00 ET (11:00 GMT)

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