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29 Aug 2013 17:19
ARM Holdings plc
29 August 2013
ARM Holdings plc (the "Company") announces that Simon Segars, who became CEO of the Company on 1 July 2013, received a conditional award over 11,280 shares under the Company's Long Term Incentive Plan ("LTIP") on 13 August 2013. This conditional award, which was approved by the Remuneration Committee after notification to larger shareholders, reflects the increase in salary following his appointment as CEO. The performance period for this award is 1 July 2013 to 30 June 2016. The total number of conditional awards held by Mr Segars under the LTIP is now 136,887.
The mid market closing price on 12 August 2013, being the business day prior to the date of this award, was 886.5 pence per share.
ENDS
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