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Glenveagh CEO Granted 11M Stock Options Amid Pay Rise

4/10/2026

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Summary

Story summary

Glenveagh Properties will grant its chief executive Stephen Garvey 11 million stock options valued at about €3.75, vesting over four to six years and requiring the stock to more than double for full benefit.
Garvey's pay rose 30% to €3.55 million last year.
The company aims to raise housing output to 3,600 units annually by 2028.
Chairman John Mulcahy plans a three-year extension to aid succession planning.

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Story summary

Glenveagh Properties will grant its chief executive Stephen Garvey 11 million stock options valued at about €3.75, vesting over four to six years and requiring the stock to more than double for full benefit.
Garvey's pay rose 30% to €3.55 million last year.
The company aims to raise housing output to 3,600 units annually by 2028.
Chairman John Mulcahy plans a three-year extension to aid succession planning.