Business
Long Term Incentive Plan Awards
Long Term Incentive Plan Awards.
About this update from Sancus Lending Group Limited
[{"type":"text","content":"\n\nSancus Lending Group Limited\n \n(\"Sancus\", the \"Group\" or the \"Company\")\n \nLong Term Incentive Plan Awards\n \nThe Company confirms that it has granted Rory Mepham, CEO of Sancus, the right to 22,000,000 restricted forfeiture ordinary shares (the \"Forfeiture Shares\") and James Waghorn, CIO of Sancus, the right to 14,000,000 Forfeiture Shares, pursuant to the Company's long-term incentive scheme (the \"LTIP\"), which was approved at the Company's annual general meeting on 19 May 2023.\n \nThe forfeiture share restrictions, pursuant to the LTIP, will be lifted in 2026 subject to the achievement of operating profit targets.\n \nA further update on the creation and issue of the Forfeiture Shares will be provided in due course.\n \n \nFor further information, please contact:\n \n\n\n\n\nSancus Lending Group Limited\nRory Mepham\n \n\n\n+44 (0)1534 708 900\n\n\n\n\nLiberum Capital (Nominated Adviser and Corporate Broker)\nLauren Kettle\nChris Clarke\nWilliam King\n \n\n\n+44 (0)20 3100 2000\n\n\n\n\nInstinctif Partners (PR Adviser)\nTim Linacre\n \n\n\n+44 (0)207 457 2020\n\n\n\n\nSanne Fund Services (Guernsey) Limited\n(Company Secretary)\nMatt Falla\n\n\n+44 (0)1481 755 530\n\n\n\n\n \n\n","length":3908,"tagName":"div"}]