LONDON - YouGov plc, the international research and data analytics group, has granted long-term incentive plan (LTIP) awards to its executive directors and other key personnel. The company announced on Wednesday that its Board's Remuneration Committee approved the grant of nil-cost options and conditional awards over ordinary shares, part of the YouGov plc Long Term Incentive Plan 2023.
The awards, comprising a total of 1,385,308 ordinary shares, were granted on December 18, 2024. The performance of these awards will be assessed over a three-year period concluding on July 31, 2027. The vesting date for the awards is set for three years from the date of grant, contingent on meeting specific financial and non-financial performance conditions outlined on YouGov's website.
Executive Directors Steve Hatch and Alex McIntosh received significant portions of these awards, with Hatch receiving 221,476 nil-cost options, which equates to 220% of his base salary, and McIntosh receiving 87,248 nil-cost options, equal to 120% of his base salary. The total awards granted to Executive Directors amount to 308,724 shares. Additionally, awards were granted to other Persons Discharging Managerial Responsibilities (PDMRs) within the company.
The LTIP awards are subject to a two-year post-vesting holding period for Executive Directors, which underscores the company's commitment to long-term performance alignment between the executives and the company's success.
YouGov is known for its extensive research network spanning 55 countries, with a panel of millions of registered members. The company's insights are based on a multitude of data points and shopping trips, aiming to provide accurate data and insights for better decision-making by its clients.
The transactions were conducted on the London Stock Exchange (LON:LSEG), and the grant of these awards is in accordance with the company's strategy to incentivize and retain key leadership figures in the organization.
This announcement is based on a press release statement and provides information about the grant of awards under YouGov's LTIP 2023.
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