Last checked at 17 Apr 2018 14:06
17 April 2018
4imprint Group plc ("4imprint" or the "Company")
Director/PDMR Incentive Plan Awards
4imprint announces that, on 15 April 2018, conditional share awards were granted for nil consideration over the following numbers of ordinary shares of 38 6/13 pence each in the Company pursuant to the 4imprint 2015 Incentive Plan:
Kevin Lyons-Tarr | Chief Executive Officer | 4,514 |
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David Seekings | Chief Financial Officer | 3,009 |
The conditional share awards will vest three years after the date of grant. It is anticipated that the awards will be satisfied by the issue of new shares.
Under the provisions of the 4imprint 2015 Incentive Plan, 50% of the Annual Bonus is deferred into shares through the award of nil cost options or conditional share awards.
The number of nil cost options or conditional share awards is determined by dividing the amount of the annual bonus being deferred by the price of a 4imprint share on 31 December preceding the year in which the awards are made.
In respect of the awards currently being made, the price of a 4imprint share on 31 December 2017 was 1900p.
The 4imprint 2015 Incentive Plan was approved by Shareholders at the Company's 2015 AGM.
Enquiries:
Andrew Scull
Company Secretary
4imprint Group plc
Tel: +44 (0)20 3709 9682