---
title: "Pacific Lime and Cement grants 9m performance options to director Crossley"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283094371.md"
description: "Pacific Lime and Cement Limited has granted 9 million long-term incentive performance options to director Timothy Crossley, approved by shareholders at a March 2026 meeting. The options will vest if the company's share price reaches A$0.70. This move aligns executive incentives with shareholder value creation, enhancing Crossley's equity exposure while maintaining existing shareholdings. Pacific Lime and Cement operates in the materials sector, focusing on lime and cement products, with a current market cap of A$257.4M and a strong buy sentiment."
datetime: "2026-04-17T05:29:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283094371.md)
  - [en](https://longbridge.com/en/news/283094371.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283094371.md)
---

# Pacific Lime and Cement grants 9m performance options to director Crossley

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The latest update is out from Pacific Lime and Cement Limited ( (AU:PLA) ).

Pacific Lime and Cement Limited has disclosed a change in director Timothy Crossley’s interests, following the grant of 9 million long-term incentive performance options at no cash consideration. The options, approved by shareholders at a March 2026 general meeting, will vest in full if the company’s 30-day volume-weighted average share price reaches or exceeds A$0.70.

The issue of performance options significantly increases Crossley’s exposure to the company’s equity while leaving his and related entities’ existing ordinary shareholdings unchanged. The award aligns executive incentives with shareholder value creation by tying potential gains to a substantial uplift in the company’s share price, underscoring a performance-driven approach to remuneration and governance.

**More about Pacific Lime and Cement Limited**

Pacific Lime and Cement Limited operates in the materials sector, focusing on lime and cement products. The company’s securities are listed on the ASX, and its capital structure includes ordinary fully paid shares and long-term incentive performance options issued to key executives, reflecting a typical resource and construction materials industry profile.

**Average Trading Volume:** 402,863

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** A$257.4M

For a thorough assessment of PLA stock, go to TipRanks’ Stock Analysis page.

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