4 Jul 2012 13:16
ELECTROCOMPONENTS PLC
Directors' Dealings in Shares
Deferred Share Bonus Plan Award
Electrocomponents Plc (the 'Company') announces that the following conditional award of ordinary shares of 10p each in the Company ('Shares') was made to the Executive Directors of the Company under the Company's Deferred Share Bonus Plan on 3 July 2012:
Ian Mason (Group Chief Executive) 38,119 Shares
Simon Boddie (Group Finance Director) 25,412 Shares
No consideration is payable for the Shares. Vesting of the Shares will normally take place on 3 July 2014, being the second anniversary of the award date, subject normally to the director's continued employment by the Company.
Long Term Incentive Plan ('LTIP') Award
The following conditional award of Shares in the Company was made to the Executive Directors under the Company's LTIP on 3 July 2012:
Ian Mason (Group Chief Executive) 276,975 Shares
Simon Boddie (Group Finance Director) 138,488 Shares
No consideration is payable for the Shares. Vesting of the Shares will take place on 3 July 2015 or such earlier date as the performance conditions are determined. The proportion of the award that vests will be subject to the satisfaction of performance conditions detailed in the Annual Report.
Ian Haslegrave
Company Secretary
4 July 2012
Electrocomponents plc
International Management Centre
8050 Oxford Business Park North
Oxford OX4 2HW
United Kingdom
Tel: +44 (0)1865 204000
Fax: +44 (0)1865 207400
www.electrocomponents.com