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CIMIC Group Limited Annual Report 2016 |
Remuneration Report
DEFERRED SHARE RIGHTS UNDER STI
Share rights were previously awarded to Senior Executives based on the value of the deferred component of the STI awards. These
deferred share rights vest after a 1 year deferral period. Full details of the deferred share rights can be found on pages 28 to 30 of the
2014 Annual Report. This practice of deferral was discontinued for the 2015 Financial Year.
Name
Award
year
Grant date
Vesting date
1
Award
value at
grant (A$)
Granted
(number)
Fair
value per
share
right (A$)
Vested
1
(%)
Forfeited
(%)
Senior Executives
A Valderas
2014
1 January
2015
31 December
2015
325,000
15,587
20.85
100
-
1.
On 10 February 2016, the Company approved the final vesting of this award.
SHARES PURCHASED ON MARKET
The following shares were purchased on market in 2016 for the purpose of satisfying vested awards under the EIP:
Shares purchased (number)
Average price paid per share (A$)
Ordinary shares
337,683
29.3137
The CIMIC Group Limited Directors’ Report for the 2016 Financial Year is signed at Sydney on 8 February 2017 in accordance with a
resolution of the Directors.
Marcelino Fernández Verdes
Executive Chairman
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