Last checked at 28 Sep 2012 16:55
CVS Group plc
(the "Company")
Long Term Incentive Plan ("LTIP") Award
The Company announces that today it made a grant of awards over the Company's ordinary shares of 0.2 pence each ("Ordinary shares") under the CVS Group LTIP to the Directors detailed in the table below:
Name
|
Role
| No. of Ordinary Shares subject to award under the LTIP
|
Simon Innes | Chief Executive | 301,020 |
Awards granted under the LTIP will vest in three years time but only to the extent that certain performance criteria relating to earnings per share growth are satisfied by the Company over a three year performance period between 1 July 2012 and 30 June 2015. A consideration equal to the nominal value of 0.2 pence per Ordinary Share is payable upon exercise of the award.
Contacts:
CVS Group plc Simon Innes, Chief Executive Paul Coxon, Financial Director |
01379 644 288 |
Buchanan Richard Oldworth/ Louise Hadcocks |
020 7466 5000 |
N+1 Brewin - Nominated Adviser & Broker Aubrey Powell/ Luke Boyce | 020 3201 3710 |