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Director/PDMR Shareholding

2 Jan 2014 07:00

RNS Number : 6879W
CPPGroup Plc
02 January 2014
 



31 December 2013

CPPGroup Plc

Director/PDMR Shareholding

 

 

This notification is made in accordance with DTR 3.1.4(1)(a).

On 31 December 2013, awards over ordinary shares of 10p each in CPPGroup Plc (the "Company") were made to certain Directors and other persons discharging managerial responsibilities ("PDMRs") under the CPPGroup Long Term Incentive Plan 2010, as follows:

 

Name of Director/PDMR

Number of shares under award

Brent Escott

1,150,000

Craig Parsons

600,000

Angel de Leon

250,000

Kim Eyre

200,000

Lucy Metcalfe

200,000

Justine Shaw

200,000

Ian Craig

200,000

Ivo Gomez

200,000

 

No consideration was paid for the grant of the awards which are structured as nil cost options.

The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the Group.

The Company was informed of the above transactions on 31 December 2013.

 

For Enquiries Contact:

Lorraine Beavis

Group Company Secretary

Telephone: 01904 545395

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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