Last checked at 4 Oct 2011 16:04
Empresaria Group plc
("Empresaria" or the "Company")
Awards pursuant to the Company's Long Term Incentive Plan
The Company announces that on 3rd October 2011, the following director and senior executive accepted offers from the Remuneration Committee of the Company's Board of conditional nil cost share options ("Awards") over ordinary shares of 5 pence each in the Company ("Ordinary Shares"), pursuant to the Company's Long Term Incentive Plan ("LTIP") which was approved by shareholders on 10th July 2008:
Name | Number of LTIP options |
Spencer Wreford (Group Finance Director) | 500,000 |
Joost Kreulen (Chief Executive elect) | 720,000 |
Vesting of the Awards is subject to the achievement of the earnings per share and share price performance criteria of the LTIP, set by the Remuneration Committee, over the Award holding period to 31st March 2015.
Further details of the Awards will be contained in the Company's report and accounts for the year ending 31st December 2011.
For further information contact:
Empresaria Group plc 01342 711430
Miles Hunt, Chief Executive
Spencer Wreford, Group Finance Director
Altium 0207 484 4040
Tim Richardson