Hogg Robinson Group Regulatory News (HRG)

9 Jan 2008 15:57

Hogg Robinson Group PLC09 January 2008 Hogg Robinson Group (the "Company") NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS Pursuant to awards made under the Company's Performance Share Plan ("PSP") andCompany Share Option Plan ("CSOP") the following director's interest in theordinary share capital of the Company is notified: Julian Steadman has notified the Company that he is now interested in 861,436ordinary shares of 1p each in the capital of the Company ("shares") as follows: 1) 135,993 shares awarded under the PSP which vest in full three years after thedate on which Mr Steadman joined the Company and proportionally on a straightline basis from 21 December 2007; 2) 285,000 shares awarded under the PSP and an option to acquire a further440,443 ordinary shares of 1p each in the capital of the Company under the CSOP.The vesting of such shares are subject to the terms of the relevant plansincluding the performance criteria as previously set out in the Prospectuspublished by the Company on 9th October 2006. The exercise price of the optionsunder the CSOP was determined by the Remuneration Committee as 59p which was theclosing mid-market price of the Company's ordinary shares at the close ofbusiness on 20 December 2007, being the day immediately prior to Mr. Steadman'sappointment. - ENDS - Enquiries Hogg Robinson Group plcKeith Burgess, Company Secretary +44 (0) 1256 312 600 This information is provided by RNS The company news service from the London Stock Exchange