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28 May 2012 14:00
28 May 2012 Hogg Robinson Group plc (the 'Company') Directors' interest in shares
Pursuant to annual awards made under the Company's Performance Share Plan ('PSP') and Company Share Option Plan ('CSOP') the following additional directors' interests in the ordinary share capital of the Company are notified:
1) In addition to the shares already beneficially held by him, David Radcliffe is now additionally interested in 518,225 ordinary shares of 1p each in the capital of the Company awarded under the PSP, and an option to acquire 331,664 ordinary shares of 1p each in the capital of the Company under the CSOP.
2) In addition to the shares already beneficially held by him, Kevin Ruffles is now additionally interested in 347,797 ordinary shares of 1p each in the capital of the Company awarded under the PSP and an option to acquire 278,238 ordinary shares of 1p each in the capital of the Company under the CSOP.
The vesting of the above awards are subject to the terms of the relevant plans and performance criteria which measure total shareholder return and cumulative underlying earnings per share over the vesting period. The exercise price of the options under the CSOP awards mentioned above was determined by the Remuneration Committee as being 62p, being the mid-market closing price of the Company's ordinary shares on the day immediately prior to the day on which the options were granted.
- ENDS -Enquiries:Hogg Robinson Group plc
Keith Burgess, Company Secretary +44 (0) 1256 312 600
XLON
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