rns11 Oct 2012 09:24
RNS Number : 4270O
Styles & Wood Group PLC
11 October 2012
11th October 2012
Styles & Wood Group plc (the "Company")
Notification of transactions of Director/Persons discharging managerial responsibility and connected persons
The Company announces today that directors and persons discharging managerial responsibilities were granted conditional nil-cost options under the Styles & Wood Group plc 2006 Performance Share Plan.
The options have been granted as follows:
Position
Number of Shares under Option under 2012 grant
Total number of shares under Options held following grant
Tony Lenehan
CEO
211,428
611,428
Philip Lanigan
Finance Director
177,142
486,261
Andrew Shaw
PDMR
154,285
401,580
Peter Hopley
PDMR
128,000
375,295
The options are exercisable from 10 October 2015 to 10 October 2022 with Exercise conditional upon the Company meeting performance targets set by the Remuneration Committee of the Company and which trigger vesting on an incremental scale.