Last checked at 1 Jul 2016 15:23
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 124,150 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 |
19,800 |
2313.50 |
Adam Couch | 38,900 | 2313.50 |
Mark Bottomley | 25,700 | 2313.50 |
Jim Brisby | 25,700 | 2313.50 |
Chris Aldersley | 14,050 | 2313.50 |
In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made to the Executive Directors based on a share price of 2313.50 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 being 1st June 2016.
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 2019.
Enquiries:
Malcolm Windeatt
Company Secretary
Cranswick plc
01482 372000