Precinct Properties CEO increases performance share rights
Scott Robert Pritchard, chief executive of Precinct Properties Group, disclosed an acquisition of 1,019,376 Performance Share Rights on September 9, 2025. These rights, which are unquoted and conditional, entitle him to acquire stapled securities in Precinct Properties Group under the Long Term Incentive Scheme. This transaction increased his total Performance Share Rights from 2,366,282 to 3,385,658.
The acquisition involved no cash consideration. The vesting of these Performance Share Rights, and the subsequent issue of fully paid ordinary shares, is subject to performance criteria and continued employment, indicating a long-term incentive for the chief executive tied to the company's performance.
Following this transaction, Pritchard's total relevant interests include 1,519,338 stapled securities in Precinct Properties Group and 474,103 unquoted Share Rights, in addition to the newly acquired Performance Share Rights. Louise Rooney, general counsel, certified the disclosure on September 11, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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