REI Directors Receive Vesting of Reduced LTIP Shares

Real Estate ate ate Investors (GB:RLE) has released an update.

Real Estate Investors Plc, a Midlands-focused REIT, has announced the vesting of Long Term Incentive Plan (LTIP) share awards for its directors, with Chief Executive Paul Bassi and Finance Director Marcus Daly receiving substantial shares. The vesting, which reflects 50% of the performance conditions, has been adjusted in line with the company’s Shorter Term Incentive Plan, resulting in a one-third reduction of the awards. REI continues to operate with a diversified portfolio and a strategic focus on income and capital growth across the Midlands.

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