Last checked at 16 Nov 2016 15:30
16 November 2016
Carr's Group plc
("Carr's", the "Company", or the "Group")
Director/PDMR Shareholdings
Carr's (CARR.L), the agriculture and engineering group, announces the following awards of options over ordinary shares in the Company of 2.5p each ("Ordinary Shares") to certain PDMRs.
Awards under the Company's Long Term Incentive Plan 2013 (the "LTIP")
On 14 November 2016 (the "Award Date"), awards were made under the Company's Long Term Incentive Plan 2013 (the "Options"). The Options are exercisable for nil consideration, subject to the rules of the LTIP and to the satisfaction of the applicable performance targets.
No consideration was payable on the grant of the Awards.
The Options will be exercisable (to the extent the performance targets are met) from the third anniversary of the respective Award Dates to the tenth anniversary of the respective Award Dates.
The Options have been awarded to certain PDMRs as follows:
Name | Number of Ordinary Shares Total Number of Ordinary subject to this award Shares awarded under the LTIP |
Tim Davies | 185,159 529,333 |
Neil Austin | 137,018 391,710 |
Ellen Smith | 26,663 76,220 |
The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
Enquiries:
Katie Wood (Company Secretary) 01228 554600
Powerscourt 020 7250 1446
Nick Dibden carrs@powerscourt-group.com