Benchmark Holdings plc has announced the establishment and adoption of a new Long Term Incentive Plan (LTIP) for its senior management team. The plan aims to align potential rewards with shareholder returns and retain the senior management team while incentivizing shareholder value creation. The LTIP grants recipients both Restricted Shares and Performance Shares over ordinary shares. The awards granted to PDMRs (Persons Discharging Managerial Responsibilities) of the company include 1,825,420 Restricted Shares and 1,216,940 Performance Shares for CEO Trond Williksen, and 1,244,230 Restricted Shares and 829,490 Performance Shares for CFO Septima Maguire. The awards will vest and become exercisable two years after grant, subject to continued service and performance conditions being achieved. The maximum dilution from the new LTIP is forecasted to be 1.6%.