22 Dec 2016 15:55
EUROMONEY INSTITUTIONAL INVESTOR PLC
GRANT OF SHARE OPTIONS
December 22, 2016
2015 Performance Share Plan
Euromoney Institutional Investor PLC (the "Company") announces that on December 19, 2016 share awards (the "Awards") in the form of conditional share awards or nil-cost options over Ordinary shares in the Company ("Shares") were made to the following persons discharging managerial responsibilities (PDMRs) in the Company, under the 2015 Performance Share Plan ("2015 PSP") as follows:
Name | Position | Maximum number of Shares under Award ("Award Shares") |
A Rashbass | CEO | 141,857 |
C Jones | Finance Director | 25,562 |
The number of Award Shares set out above is the maximum number which may vest under the Awards. The actual number of Award Shares which vest will depend on the extent to which performance conditions have been satisfied over a five-year period ending on September 30, 2021.
Name | Maximum number of Shares under Award ("Award Shares") | |
C Fordham | Corporate Development Director | 17,732 |
G Dunn | Divisional Director | 3,462 |
R Daswani | Divisional Director | 5,286 |
R Irving | Divisional Director | 12,294 |
D Williams | Divisional Director | 6,620 |
G Fox | Group HR director | 9,457 |
B Jones | Chief Technology Officer | 11,821 |
J Orchard | Divisional Director | 6,232 |
J Wilkinson | Chief Marketing Officer | 8,511 |
T Bratton | General Counsel | 8,275 |
B AL-Rehany | Divisional Director | 12,026 |
D Alfano | Divisional Director | 16,860 |
D Antin | Divisional Director | 8,813 |
J Hill | Divisional Director | 6,198 |
M Paul | Divisional Director | 16,270 |
A Parente | Divisional Director | 7,952 |
The number of Award Shares set out above is the maximum number which may vest under the Awards. The actual number of Award Shares which vest will depend on the extent to which performance conditions have been satisfied over a three-year period ending on September 30, 2019.
The performance conditions applying to these awards will be set by the Remuneration Committee no later than March 31, 2017.
The 2015 PSP was approved by shareholders at the Company's General Meeting on June 1, 2015.
The share price used to determine the number of shares awarded was the average of the middle market quotations of an Ordinary Share as derived from the Daily Official List for the five dealing days preceding the date of grant.
2015 Deferred Bonus Plan
The Company announces that on December 22, 2016 a share award in the form of nil-cost options over 19,175 Ordinary shares in the Company was made to Andrew Rashbass under the Deferred Bonus Plan and in accordance with the Directors' Remuneration Policy. These are deferred award shares which vest two years after award (subject to the rules of the plan).
The Directors' Remuneration Policy was approved by shareholders at the Company's General Meeting on June 1, 2015.
The share price used to determine the number of shares awarded was the average of the middle market quotations of an Ordinary Share as derived from the Daily Official List for the five dealing days preceding the date of grant.
This notice is made in accordance with the requirements of the EU Market Abuse Regulation.
Ends
Any questions in relation to this announcement should be made to:
· Colin Jones, Finance Director: +44 20 7779 8666; cjones@euromoneyplc.com
· Tim Bratton, General Counsel & Company Secretary: +44 20 7779 8288; tim.bratton@euromoneyplc.com