9 Sep 2011 11:00
9聽September 2011
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GENUS plc
('Genus' or 'the Company')
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Directors' and PDMRs' Share Options
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Genus announces that conditional nil-cost share options were granted under the Genus 2004 Performance Share Plan聽("the Plan")聽today to:
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路; Karim Bitar, Director (and new Chief Executive Officer with effect from 30 September 2011), as to 63,917 ordinary聽shares聽of 10 pence each in the聽Company聽("Shares")
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路; John Worby, Group Finance Director,聽as to 30,680 Shares
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路; 聽Ian Biggs, Head of Global Product & Business Strategy, as to聽20,453 Shares
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路; Thomas聽Philip Acton, Chief Operating Officer, Europe & The Far East as to聽20,453 Shares
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路; Bill Christianson, Chief Operating Officer, The Americas,聽as to 20,453 Shares聽
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路; Ian Farrelly,聽Group Company Secretary & General Counsel as to聽17,385聽Shares,聽and
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路; David Crosby, Group Financial Controller, as to聽14,982聽Shares.
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Under the Plan these share options are subject to challenging performance conditions that relate to the growth in the Company's adjusted earnings per share over a three year performance period and which trigger vesting on an incremental basis.
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The Company also announces that it today granted Karim Bitar a conditional share award ("Award") as to 77,259 Shares. Subject to the continued employment of Karim Bitar by the Company at the relevant vesting date, 36,685 Shares subject to the Award will vest on 31 January 2012 and 40,574 Shares subject to the Award will vest on 31 January 2013. No consideration is payable on the grant or vesting of the Award.
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Karim Bitar聽has no direct shareholding in the Company and is the beneficial owner of聽63,917 nil-cost share options and 77,259 conditional Shares.聽
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John Worby's聽direct shareholding stands at聽10,000 Shares聽representing聽0.017%聽of the issued share capital of the Company.聽In addition, he is the beneficial owner of聽196,900 nil-cost share options.聽
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Ian Biggs' direct shareholding stands at聽3,375 Shares聽representing 0.006%聽of the issued share capital of the Company.聽In addition, he is the beneficial owner of聽129,983 nil-cost share options.聽
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Thomas聽Philip Acton's direct shareholding stands at聽21,104 Shares representing 0.035%聽of the issued share capital of the Company. In addition, he is the beneficial owner of聽123,537 nil-cost share options.
Bill Christianson has no direct shareholding in the Company and is the beneficial owner of 56,953 nil-cost share options and 26,189 market value share options.
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Ian Farrelly聽has no direct shareholding in the Company and is聽the beneficial owner of聽92,403 nil-cost share options.
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David Crosby has no direct shareholding in the Company and is聽the beneficial owner of聽53,843 nil-cost share options and 16,373 market value share options.聽
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For further information please contact:
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Cara Crichton
Assistant Company Secretary
Genus plc
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Tel: 01256 345996
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