22 Oct 2013 14:56
Air Partner plc
Notification of Director's and PDMR's interests
LONG TERM SHARE INCENTIVE PLAN 2012 ("LTIP")
In accordance with Disclosure and Transparency Rule 3.1.4R Air Partner notifies that the Remuneration Committee of the Company has approved the grant of nil-cost options ("Nil-Cost Options") over ordinary shares of 5p each in the Company ("Ordinary Shares") to persons discharging managerial responsibilities ("PDMR") on 22 October 2013 as detailed below:
LTIP Annual Grant
PDMR | Role | Number of Ordinary Shares subject to the Nil-Cost Option | |||||
Mark Briffa | Chief Executive | 55,840 | |||||
Gavin Charles | Chief Finance Officer | 28,557 | |||||
Paul Argyle | Director, Commercial Jets | 24,478 | |||||
Paul Richardson | Director, Private Jets | 23,881 | |||||
Richard Smith | Director, Freight | 19,378 | |||||
Phil Mathews | President, US | 24,738 | |||||
Rachel Davies | Group HR Director | 14,279 | |||||
| |||||||
The awards granted are subject to performance and employment conditions as set out in the Rules of the LTIP and are summarised in the Company's 2012 Notice of Annual General Meeting ("AGM"). The Notice of AGM can be located in the 'investor' section on the Company's website http://www.airpartner.com/en-GB/Investors/Shareholder-Information/AGM-Information/
The number of shares subject to the award was determined by using the closing price of an Air Partner plc share on the day preceding the date of grant (21 October) as ascertained by the Official List which was 502.5p per share.
Enquiries:
Air Partner 01293 844786
Graeme Manning, Company Secretary
Temple Bar Advisory (Financial PR advisor) 020 7002 1080
Tom Allison (07789 998020)
Joanna Crawford