19 March 2025
Glenveagh Properties plc
Awards under the Glenveagh Properties plc Long Term Incentive Plan
On 13 March 2025, the following awards were granted under the Glenveagh Properties plc Long Term Incentive Plan ("LTIP"):
| Name of Director/PDMR | Role | No. of Share Options under Award |
| Stephen Garvey | Chief Executive Officer | 856,716 |
| Conor Murtagh | Chief Financial Officer | 499,751 |
| Chloe McCarthy | Group Company Secretary | 193,472 |
The number of shares awarded under the LTIP is based on the closing price on Euronext Dublin on 13 March 2025, the date of grant.
The following metrics and targets will apply to the 2025 LTIP awards, to be achieved in FY2027:
| Metric | Weighting | Threshold Target (25%) | Maximum Target (100%) |
| EPS | 50% | 19.0c | 24.0c |
| ROE | 50% | 11% | 16.2% |
Vesting between threshold and maximum targets will be calculated on a straight-line basis.
For further information, please contact:
Glenveagh Properties plc
Chloe McCarthy
Group Company Secretary
Tel: +353 (1) 903 7100
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | Stephen Garvey
| ||||
|
| ||||||
|
| Reason for the notification
| |||||
| a) | Position/status | Chief Executive Officer/PDMR
| ||||
| b) | Initial Notification Amendment | Initial notification
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Glenveagh Properties plc
| ||||
| b) | LEI | 635400QUQ2YYGMOAK834
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Glenveagh Properties plc Ordinary Shares of €0.001 each ISIN: IE00BD6JX574
| ||||
| b) | Nature of the transaction | Grant of nominal priced options under the Glenveagh Properties plc Long Term Incentive Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | ||||
| e) | Date of the transaction | 13 March 2025
| ||||
| f) | Place of the transaction | Outside a trading venue
| ||||
| g) | Additional Information | Period during which options can be exercised:
12 March 2028 to 13 March 2032
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | Conor Murtagh
| ||||
|
| ||||||
|
| Reason for the notification
| |||||
| a) | Position/status | Chief Financial Officer/PDMR
| ||||
| b) | Initial Notification Amendment | Initial notification
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Glenveagh Properties plc
| ||||
| b) | LEI | 635400QUQ2YYGMOAK834
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Glenveagh Properties plc Ordinary Shares of €0.001 each ISIN: IE00BD6JX574
| ||||
| b) | Nature of the transaction | Grant of nominal priced options under the Glenveagh Properties plc Long Term Incentive Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | ||||
| e) | Date of the transaction | 13 March 2025
| ||||
| f) | Place of the transaction | Outside a trading venue
| ||||
| g) | Additional Information | Period during which options can be exercised:
12 March 2028 to 13 March 2032
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | Chloe McCarthy
| ||||
|
| ||||||
|
| Reason for the notification
| |||||
| a) | Position/status | Company Secretary/PDMR
| ||||
| b) | Initial Notification Amendment | Initial notification
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Glenveagh Properties plc
| ||||
| b) | LEI | 635400QUQ2YYGMOAK834
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Glenveagh Properties plc Ordinary Shares of €0.001 each ISIN: IE00BD6JX574
| ||||
| b) | Nature of the transaction | Grant of nominal priced options under the Glenveagh Properties plc Long Term Incentive Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | ||||
| e) | Date of the transaction | 13 March 2025
| ||||
| f) | Place of the transaction | Outside a trading venue
| ||||
| g) | Additional Information | Period during which options can be exercised:
12 March 2028 to 13 March 2032
| ||||
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