Alfista-Good Mornning sir20 Jul 2012 08:04
Mission Marketing (TMMG)
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Friday 20 July, 2012
Mission Marketing
Issue of LTIP Awards
RNS Number : 0994I
The Mission Marketing Group PLC
20 July 2012
The Mission Marketing Group plc
Issue of LTIP Awards
The Mission Marketing Group plc ("the missiontm" or the "Company"), the national marketing communications and advertising group, announces that the Remuneration Committee agreed yesterday to issue nil-cost options under the The Mission Marketing Group plc Long Term Incentive Plan (the "LTIP").
The total number of new LTIP options issued yesterday was 1,450,000, representing 2% of the Company's issued share capital, taking the total number of LTIP options in issue to 4,113,000. LTIP option awards may be satisfied by shares held by The Mission Marketing Group Employee Benefit Trust and/or through the issue of new shares, as appropriate. The vesting of LTIP options is dependent upon achieving profit targets over a three year period.
The following table sets out the details of the LTIP options that have been issued to Directors:
Director
Existing LTIP
Options
New LTIP
options
Total LTIP
options
Dylan Bogg
150,000
70,000
220,000
Robert Day
217,000
96,667
313,667
Peter Fitzwilliam
50,000
40,000
90,000
Chris Goodwin
20,000
40,000
60,000
Bruce Hutton
423,000
200,000
623,000
David Morgan
50,000
40,000
90,000
Chris Morris
83,000
40,000
123,000
Sue Mullen
35,000
20,000
55,000
Fiona Shepherd
61,000
40,000
101,000
Enquiries:
The Mission Marketing Group plc
Peter Fitzwilliam, Finance Director
020 3463 2099
finnCap Limited
Geoff Nash/Henrik Persson (corporate finance)
Simon Starr (corporate broking)
020 7220 0500
the missiontm is a national marketing communications and advertising group with 14 offices across the UK. The Group specialises in providing national and international clients with award winning marketing, advertising and business communications. Group members include April-Six, Big Communications, Bray Leino, RLA, Robson Brown, Story and ThinkBDW. the missiontm employs over 700 staff nationally and is listed on AIM (TMMG).
www.themission.co.uk
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