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10 Nov 2008 16:50
ALBEMARLE & BOND HOLDINGS PLC
"the Company"
Long Term Incentive Plan
Albemarle & Bond Holdings plc ("the Company") announces that on 6 November 2008 it made a grant of awards over the Company's Ordinary shares of 4 pence each under the Albemarle & Bond Holdings Plc Long Term Incentive Plan ("LTIP") to the persons detailed in the table below:
|
Name |
Role |
No. of Ordinary shares subject to award under the LTIP |
|
C L Nicolson |
Chairman |
45,689 |
|
G V Nicholls |
Chief Executive |
103,270 |
|
D A Page |
Operations Director |
72,602 |
|
D P Pattinson |
Finance Director |
72,602 |
|
R Mason |
55,703 |
|
|
P Garlick |
53,050 |
Awards granted under the LTIP will vest on 30 June 2011 but only to the extent that certain performance criteria relating to earnings per share growth are satisfied by the Company over a three year performance period which commenced on 1 July 2008. No consideration is payable for the grant of the Awards and the receipt of the whole or part of the number of Ordinary shares is conditional upon meeting the performance criteria.
The notification of these awards is intended to satisfy the Company's obligations under the Disclosure and Transparency Rules.
END
10 November 2008
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