Vicinity Centres Re : Lapse of Vicinity Centres Performance Rights
January 02, 2018 at 08:30 am IST
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2 January 2018
Market Announcements Office Australian Securities Exchange Exchange Centre
20 Bridge Street SYDNEY NSW 2000
Dear Sir/Madam
Lapse of Vicinity Centres (ASX: VCX) Performance Rights
Vicinity Centres wishes to advise that the following Performance Rights under the Vicinity Centres Long Term Incentive Plan (LTI) (formerly the Performance Reward Payment Long Plan (PRPL)) have lapsed or been forfeited:
Number
Details
(75,512)
FY2016 Performance Rights under the 2015 PRPL grant with a three year performance period commencing on 1 July 2015 and ending on 30 June 2018.
(305,550)
FY2017 Performance Rights under the 2016 LTI grant with a three year performance period commencing on 1 July 2016 and ending on 30 June 2019.
No change
FY2018 Performance Rights under the 2017 LTI grant with a three year performance period commencing on 1 July 2017 and ending on 30 June 2020.
As a result, Vicinity Centres currently has on issue the following Performance Rights:
Number
Details
2,291,072
FY2016 Performance Rights under the 2015 PRPL grant with a three year performance period commencing on 1 July 2015 and ending on 30 June 2018.
2,733,838
FY2017 Performance Rights under the 2016 LTI grant with a three year performance period commencing on 1 July 2016 and ending on 30 June 2019.
3,226,880
FY2018 Performance Rights under the 2017 LTI grant with a three year performance period commencing 1 July 2017 and ending on 30 June 2020.
Yours faithfullyMichelle Brady Company Secretary
Vicinity Centres
National Office
Vicinity Limited ABN 90 114 757 783
Level 4, Chadstone Tower One
and Vicinity Centres RE Ltd
1341 Dandenong Road
T +61 3 7001 4000
ABN 88 149 781 322
PO Box 104
F +61 3 7001 4001
As responsible entity for:
Chadstone VIC 3148
vicinity.com.au
Vicinity Centres Trust ARSN 104 931 928
Vicinity Centres RE Ltd. published this content on 02 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2018 03:00:01 UTC.
Original documenthttp://www.vicinity.com.au/media/709801/180102d_lapse-of-performance-rights.pdf
Public permalinkhttp://www.publicnow.com/view/8202B9B9737F61940D2B551E742BAE151D7998A8
Vicinity Centres is an Australia-based company that is engaged in investment in a portfolio of retail investment properties. The Company owns and manages retail destinations across Australia and offer a range of retail, residential, and office spaces. The Company has direct Portfolio with interests in 59 shopping centers, including the DFO Brisbane business and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Company. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include 1 Middle Road, Chadstone, Bankstown Central, 12 Balmoral Walk, Bayside, Box Hill Central, Box Hill, and Chatswood Chase Sydney. The Company also offers a range of retail solutions, such as advertising, brand activations, leasing, and pop-up retail.