Sign In
4 Jun 2009 16:54
Hogg Robinson Group plc4 June 2009 Hogg Robinson Group (the 'Company') Directors' interest in shares
Hogg Robinson Group Plc advises of the following additional director's interests in the ordinary share capital of the Company of which it has been notified, being awards made pursuant to the Company's Performance Share Plan ('PSP') and Company Share Option Plan ('CSOP'):
(1) In addition to the shares previously held, David Radcliffe is now additionally interested in 1,293,098 ordinary shares awarded under the PSP and an option to acquire 2,586,196 ordinary shares under the CSOP. The vesting of such shares are subject to the terms of the relevant plans including performance criteria which the remuneration committee regards as appropriate and stretching. The exercise price of the options under the CSOP was determined by the Remuneration Committee as 23p, being the closing price of the Company's ordinary shares on 29 May 2009 which was the trading day immediately prior to the grant. All awards fall within the Remuneration Committee's previously stated policy on the size of annual awards.
(2) In addition to the shares previously held, Julian Steadman is now additionally interested in 880,435 ordinary shares awarded under the PSP and an option to acquire 1,760,870 ordinary shares under the CSOP. The vesting of such shares are subject to the terms of the relevant plans including performance criteria which the remuneration committee regards as appropriate and stretching. The exercise price of the options under the CSOP was determined by the Remuneration Committee as 23p, being the closing price of the Company's ordinary shares on 29 May 2009 which was the trading day immediately prior to the grant. All awards fall within the Remuneration Committee's previously stated policy on the size of annual awards.
- ENDS - EnquiriesHogg Robinson Group plc
Keith Burgess, Company Secretary +44 (0) 1256 312 600
vendor
Follow the stocks
