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17 Nov 2016 10:00
ICAP plc (the Company)
Grant of share awards under the ICAP plc 2015 Deferred Share Bonus Plan (DSBP) and 2015 Performance Share Plan (PSP).
On 16 November 2016, the following persons discharging managerial responsibilities (PDMRs) were awarded the following share awards under the DSBP:
PDMR | DSBP AWARD |
Ken Pigaga Seth Johnson
| 63,738 38,616 |
The DSBP awards will normally vest on 24 May 2019 subject to the participant continuing to hold office or employment within the ICAP Group.
On 16 November 2016, the following PDMRs were awarded the following conditional share awards under the PSP:
PDMR | PSP AWARD |
Ken Pigaga Seth Johnson | 63,738 38,616 |
The PSP awards will normally vest on 24 May 2019 subject to the participant continuing to hold office or employment within the ICAP Group and the achievement of the following performance conditions measured over a three year period to 31 March 2019:
1. 50% of the PSP award will be subject to a Total Shareholder Return performance condition; and
2. the remaining 50% of the PSP award will be subject to a point-to-point EPS performance condition.
ICAP plc
17 November 2016
Contact:
Victoria Mellor Group Head of Marketing and Communications +44 (0) 20 7029 9074
Alex Dee Head of Investor Relations +44 (0) 20 7050 7420
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