11 Mar 2016 12:33
CHARLES TAYLOR PLC - Director/PDMR ShareholdingCHARLES TAYLOR PLC - Director/PDMR Shareholding
PR Newswire
London, March 11
Charles Taylor plc ("the Company") Director/PDMR Shareholding Grant of share awards The Company announces that on 11 March 2016, the following directors weregranted nil cost performance share awards over ordinary shares of 1p each inthe Company ("Shares"), pursuant to the Charles Taylor Long Term Incentive Plan2007 (the "LTIP"). Director: Number of shares: David Marock 112,806 Damian Ely 46,525 Joe Roach 57,138 Mark Keogh 49,603 The number of LTIP Shares which vest will depend upon the extent to which theperformance conditions are met, consistent with the rules of the LTIP, over thethree-year period ending 31 December 2018. The Company further announces that the following directors were granted nilcost share awards over Shares, pursuant to the Charles Taylor Deferred AnnualBonus Plan (the "DABP"). Director: Number of Shares: David Marock 65,801 Damian Ely 13,293 Joe Roach 8,602 Mark Keogh 22,476 The awards under the DABP will vest in three equal tranches upon thepublication of the Company's annual results in 2017, 2018 and 2019, subject tothe Director remaining employed by the Company. This notice is given in fulfilment of the obligation under DTR3.1.4R. For more information, please contact: Ivan Keane - Group Company Secretary and General Counsel - 020 3320 2206 David Lanchester - Deputy Group Company Secretary - 020 3320 8829 Charles Taylor plc 11 March 2016 Notes to Editors: About Charles Taylor Charles Taylor plc is a leading provider of professional services to clientsacross the global insurance market. The Group has been providing services since1884 and today employs over 1,300 staff in 69 offices spread across 28countries in the UK, the Americas, Asia Pacific, Europe, the Middle East andAfrica. The Group offers services, principally on a fee-based model and operatesthrough three businesses - Management, Adjusting and Insurance SupportServices. Charles Taylor also owns insurers, creating value through selectacquisitions and operational efficiency. Further information is available at www.ctplc.com. END