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19 Mar 2010 17:18
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19 March 2010
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Cape PLC ("Cape" or the "Company") (AIM: CIU)
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Directors' dealings - PSP awards
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PERFORMANCE SHARE PLAN AWARDS
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The Company announces that on 17 March 2010 the following Executive Directors were granted conditional nil-cost awards over the Company's ordinary shares of 25 pence each under the Cape plc 2007 Performance Share Plan:
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|
Director |
Number of shares covered by award and % of issued capital |
Total number of shares over which awards are held, and % of issued capital following this notification |
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Martin May 243,455 (0.21%) 1,737,412 (1.50%)
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Richard Bingham 123,691 (0.11%) 612,403 (0.53%)
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Subject to certain performance conditions being met, the awards will vest on a sliding scale basis on the third anniversary of the date of grant. Such awards which do not vest due to the performance conditions not being met will lapse.
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Enquiries:
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Cape PLC Jeremy Gorman, Company Secretary
Tel: +44 (0)20 7395 0027
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Numis Securities Limited Nominated Adviser: John Harrison, Managing Director Corporate Finance Corporate Broker: James Serjeant, Director Corporate Broking Tel. +44 (0)20 7260 1000
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M: Communications Patrick d'Ancona or Ben Simons Tel. +44 (0)20 7153 1530
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