Stock Exchange announcements
30-Nov-2007: Director/PDMR Shareholding
Long Term Incentive Plan
The award is over a combination of both £0.40 ‘A’ ordinary and 4p ‘B’ ordinary shares.
The calculation of the award was based on the closing price as at 28 November 2007, being £6.30 for ‘A’ shares and £0.63 (notionally) for ‘B’ shares.
An award amounts to a contractual right to acquire an interest in shares, provided the director remains an employee at the third anniversary of the grant (the normal vesting date), and only to the extent that the performance condition attached to the scheme is met. These criteria are based on a sliding scale which may result in less than the full award vesting.
Name of Director No of ‘A’ shares(80%) No of ‘B’ shares(20%)
J C R Douglas 7,680 19,200
Name of Director No of 'A' shares as a percentage of issued class No of 'B' shares as a percentage of issued class
J C R Douglas 0.02% 0.02%
Enquiries: Marie Gracie, Company Secretary - 07956 559285
Category: Director/PDMR Shareholding