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27 Nov 2008 08:34
Hampson Industries PLC
Director Shareholding
Hampson Industries PLC ("the Company") announces that it has made awards under its Performance Share Plan to two directors of the Company, Kim Ward and Howard Kimberley over 525,424 ordinary shares and 406,780 ordinary shares respectively.
The shares comprised in these awards will only vest if the performance targets are satisfied as follows:
50% of the award is dependent on the Company's relative total shareholder return ("TSR") performance compared with the TSR of those of a group of selected aerospace and specialist engineering companies. Shares are only receivable if the Company's TSR is above the median TSR compared with that peer group. If the Company's TSR performance is at or below median performance in the peer group, nothing will be received. If the Company's TSR performance is equal to the peer group median plus 13% per annum compound, full vesting will occur. For intermediate performance, vesting will occur on a straight-line basis.
Malcolm Dolan
Company Secretary
27 November 2008
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