BCP distributes shares representing 0.02% to managers and employees – Banking & Finance

BCP distributes shares representing 0.02% to managers and employees – Banking & Finance
BCP distributes shares representing 0.02% to managers and employees – Banking & Finance
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The institution said it had “delivered 2,664,392 shares to managers and employees of the BCP Group, as part of the variable remuneration, in compliance with the remuneration policies in force and considering the specific tax regime of each of the beneficiaries”.

On April 24, BCP delivered 2,664,392 shares, that is, 0.02% of the bank’s capital to directors and employees, as part of the variable remuneration, he said in a statement to the Securities Market Commission (CMVM) .

Thus, the institution said it had “delivered 2,664,392 shares to managers and employees of the BCP Group, as part of the variable remuneration, in compliance with the remuneration policies in force and considering the specific tax regime of each of the beneficiaries”.

According to the bank, “the ordinary, book-entry and nominative shares with no par value attributed represent approximately 0.02% of the total shares representing the share capital of Banco Comercial Português”.

This operation corresponds to “the payment of variable remuneration for the year 2023, as well as the amounts of variable remuneration deferred for the years 2022, 2021, 2020 and 2019, if applicable”, indicated BCP.

The article is in Portuguese

Tags: BCP distributes shares representing managers employees Banking Finance

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