Executives at Howden Joinery Group PLC Awarded Conditional Shares as Part of Long Term Incentive Plan

Howden Joinery Group PLC announced on May 2, 2025, that it had granted Performance Share Plan (PSP) awards as part of its Long Term Incentive Plan (LTIP). These awards were made to selected Executive Directors and persons discharging managerial responsibilities (PDMRs). Notably, Andrew Livingston, Austin Cooke, Guy Eccles, Julian Lee and Richard Sutcliffe were among the award recipients.

Livingston, the company’s Chief Executive Officer, was granted a whopping 305,932 shares, while Cooke received 75,329 shares. Eccles, Lee and Sutcliffe were awarded 58,662, 59,359 and 65,913 shares respectively. These share awards hold a zero cost and will vest only if specific performance targets measured over a three-year period are met. Once vested, a further two-year holding period will apply to these shares, ensuring beneficiaries are incentivised to foster long-term successful performance for Howden.