Conduit Hldg Regulatory News (CRE)

4 Apr 2008 11:13

Creston PLC04 April 2008 Creston plc (the 'Company') Grant of Restricted Shares under the Creston Long Term Incentive Plan The Company announces that on 3 April 2008 the following awards were made tosenior executives under the Creston plc Long Term Incentive Plan (the "Plan") inrespect of 466,088 ordinary shares of 10 pence each, which included thefollowing awards made to executive directors. +---------------+------------------------------+------------------+|Name |Position |Number of ordinary|| | |shares |+---------------+------------------------------+------------------+|Don Elgie |Chief Executive |314,609 |+---------------+------------------------------+------------------+| | | |+---------------+------------------------------+------------------+|Barrie Brien |Chief Operating Officer and | || |Chief Financial Officer | || | |151,479 |+---------------+------------------------------+------------------+ Subject to the rules of the Plan and the satisfaction of the performanceconditions, these awards are anticipated to vest three years from the date ofgrant. Mr. Elgie has total existing awards under the Plan of 818,925 ordinary sharesand also has a beneficial interest in 1,427,914 ordinary shares representing2.57 per cent. of the issued ordinary share capital of the Company. Mr. Brien has total existing awards under the Plan of 465,949 ordinary sharesand has a beneficial interest in 36,500 ordinary shares representing 0.07 percent. of the issued ordinary share capital of the Company. This information is provided by RNS The company news service from the London Stock Exchange