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Pin to quick picksCranswick Regulatory News (CWK)

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5,500.00    -110.00 (-1.96%)
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Spread: 10.00 (0.181%)
Market Cap: £2.94b
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Director/PDMR Shareholding

25 Jun 2014 07:10

RNS Number : 4714K
Cranswick PLC
25 June 2014
 

Director/PDMR Shareholding

 

Cranswick plc ("the Company")

 

The Company has been notified that the following award of LTIP options has been made, pursuant to the Company's Cranswick plc Long Term Incentive Plan (the "Scheme"), to certain Directors/Persons Discharging Managerial Responsibility ("PDMR") over 133,800 ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as follows:

 

Name

No. of LTIP options

Market price per share (p)

 

Martin Davey

 

30,400

 

1242.37

Adam Couch

45,300

1242.37

Mark Bottomley

30,600

1242.37

Jim Brisby

27,500

1242.37

 

In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made based on a share price of 1242.37 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant.

 

The LTIP options have been granted on a conditional basis and no shareholder rights will be conferred upon the grantee until the LTIP options have vested. Such vesting is subject to the achievement of the performance criteria of the Scheme over the 3 year measurement period to 31 March 2017.

 

 

Enquiries:

 

 

Malcolm Windeatt

Company Secretary

Cranswick plc

 

01482 372000

 

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