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12 Oct 2012 07:00
12 October 2012
Centaur Media Plc (the "Company")
DIRECTOR SHAREHOLDING
Grant of options to director
The Company announces that, on 30 December 2011, 170,000 nil-cost options ("Awards") were granted to MH Kerswell, a director of Centaur Media Plc under The Centaur Media Plc 2010 Retention Plan (the "Retention Plan"). The Awards vest 50% on 30 June 2013 and 50% on 30 June 2014. There are no performance conditions other than continuing employment.
The Awards were made specifically to facilitate the recruitment of MH Kerswell as permanent Group Finance Director on 11 October 2011 as a result of the resignation and ill health of MJ Lally, and were granted pursuant to the exemption from the need for prior shareholder approval contained in Listing Rule 9.4.2 (2). Full details of these awards will be provided in the Company's 2012 Annual Report in accordance with Listing Rule 9.4.3.
Following the grant of the Awards, MH Kerswell's holdings in the Company are as follows:
Ordinary shares | 20,000 | |
Retention Plan options | 170,000 | |
SELTIP awards* | 173,578 |
This announcement is made in accordance with DTR 3.1.4 R(1).
* The Centaur Media Plc 2010 Senior Executive Long-Term Incentive Plan
Name of contact and authorised company official responsible for making this notification:
Claire Baty
Company Secretary
020 7970 4506
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