ARV - LTI Plan Vesting

Arvida Group Limited advises that the 2019 Tranche of its long-term incentive (‘LTI’) plan has vested. The 2019 Tranche of the plan covered the three-year period from 1 April 2019 to 13 June 2022. The methodology compares Total Shareholder Return (‘TSR’) performance to a listed retirement village and care peer group and an NZX50 group. Details of the LTI plan are contained within the annual report.

In the 2019 Tranche, Arvida’s TSR was second out of the four companies in the peer group and 12th out of 45 companies in the NZX50 group. The overall result was that 74.6% of the 2019 Tranche entitlement vested into ordinary shares.

As such, 375,608 ordinary shares were issued yesterday.

- ENDS -

•  Capital Change Notice

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PEB - Chair to Seek Re-Election; Director Nominations
Devon Funds Morning Note - 16 June 2025
TRU - Key Markets Update
THL receives unsolicited non-binding offer
June 16th Morning Report
CHATHAM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Radius Care Upgrades FY26 Outlook
June 13th Morning Report
June 12th Morning Report
PGW Governance Update