Conduit Hldg Regulatory News (CRE)

30 Sep 2005 07:01

Creston PLC30 September 2005 30 September 2005 Creston Plc (the "Company")Grant of Restricted Shares under the Creston Long Term Incentive Plan The following award was made to Barrie Brian, Chief Operating Officer and ChiefFinancial Officer, under the Creston plc Long Term Incentive Plan (the "Plan")in respect of 73,186 ordinary shares of 10 pence each; Name Position Number of ordinary sharesBarrie Brien Chief Operating Officer and Chief 73,186 Financial Officer No payment was made for the grant of this award and these shares will be held bythe Creston Employees Benefit Trust and will vest and be released to the awardholder for nil cost under the rules of the Plan. Subject to the rules of thePlan and the satisfaction of the performance conditions, this award isanticipated to vest on 29 September 2008. In addition to the award under the Plan outlined above, Mr Brien also has aninterest in the following: - 220,422 options over ordinary shares at an exercise price of 142p- 5,656 options over ordinary shares at an exercise price of 167.5p- an existing award under the Plan of 23,318 ordinary shares Mr Brien also has a beneficial interest in 11,625 ordinary shares representing0.03 per cent. of the issued ordinary share capital of the Company. This information is provided by RNS The company news service from the London Stock Exchange