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Matching shares

Matching Shares %

The performance condition that will apply to the Matching Shares is earnings per share (EPS) growth against the UK Retail Price Index (RPI).

33.3% of the Matching Shares will vest if growth in the company's EPS over a 3 year period is equal to RPI growth plus 6% per annum, rising on a straight-line basis to 100% vesting if growth in the company's EPS is equal to or greater than growth in the RPI plus 16% per annum.