Last checked at 22 Oct 2014 09:29
22 October 2014 Genus plc ('Genus' or the 'Company')
Director/PDMR Shareholdings
As described in the Genus 2014 Annual Report, following the compulsory deferral of 25% of annual bonus earned by Executive Directors and members of the Genus Executive Leadership Team ('GELT'), in respect of bonuses earned in the financial year ending 30 June 2014, Genus announces that nil cost options were awarded yesterday under the Genus Deferred Share Bonus Plan (the 'Plan') to:
· Karim Bitar, Chief Executive, as to 4,648 ordinary shares of 10 pence each in the Company ('Shares');
· Stephen Wilson, Group Finance Director, as to 3,445 Shares;
· Bill Christianson, Chief Operating Officer, Genus PIC, as to 1,515 Shares;
· Saskia Korink Romani, Chief Operating Officer, Genus ABS, as to 1,734 Shares;
· Jerry Thompson, Chief Operating Officer, Genus Asia, as to 1,005 Shares;
· Jonathan Lightner, Chief Scientific Officer, as to 905 Shares; and
· Catherine Glickman, Group Human Resources Director, as to 1,222 Shares.
Subject to the terms of the Plan and the grantee's continued service, the awards will ordinarily vest on 21 October 2017.
No consideration was paid for the grant of these awards and no consideration is due in connection with the exercise of these awards.
Genus further announces that 4,459 Shares were sold yesterday at a price of 1,129 pence per Share on behalf of Jonathan Lightner, Chief Scientific Officer. This sale was made further to the vesting of contingent rights over shares under an individual award agreement, in accordance with the terms of joining contained in Jonathan Lightner's employment contract, on 21 October 2014. The remaining 4,459 Shares granted under the award continue to be held with a normal vesting date of 21 October 2015.
No consideration was paid for the grant of this award and no consideration is due in connection with the exercise of this award.
This notification is made in accordance with DR 3.1.4R(1)(a).
For further information please contact:
Cara Crichton Deputy Company Secretary Genus plc
Tel: 01256 347100 |