Murtagh awarded €1 million in Kingspan shares

The options cannot be exercised for three years and depend on the company’s financial performance

Gene Murtagh, chief executive of Kingspan Pic: RollingNews.ie

Gene Murtagh, the chief executive of building materials giant Kingspan, has scooped about €1 million worth of free shares in the company.

In a stock exchange filing last week, the company said it had awarded Murtagh just under 46,000 share options as part of an incentive plan for top executives. The options cannot be exercised for three years and depend on the company’s financial performance and other factors over that time.

When added ...