Renewi plc Announces Director Shareholding Changes

On June 6, 2024, Renewi plc disclosed recent share transactions involving its executive directors. On June 5, 2024, CEO Otto de Bont and CFO Annemieke den Otter received conditional awards under the 2024 Long-Term Incentive Plan (LTIP) and the Deferred Annual Bonus Scheme (DAB).

Under the 2024 LTIP, de Bont was granted 109,831 shares, while den Otter received 74,630 shares, both set to vest on June 5, 2027. Targets tied to these awards include TSR, ROCE, EPS, and recycling rate performance, each weighing 25%. Additionally, de Bont and den Otter were awarded 29,288 and 24,876 shares respectively under the DAB plan, with 50% vesting immediately and the remaining 50% vesting on June 5, 2027.

Moreover, den Otter purchased 19,500 shares over June 5 and 6 at a total price of €150,835.60 on Euronext Amsterdam. Both directors opted to retain their DAB shares, covering associated tax liabilities directly.