14 May 2014 14:20
Interserve Plc
Notification of Transactions of Directors/
Persons Discharging Managerial Responsibility and Connected Persons
Pursuant to Disclosure and Transparency Rule 3.1.4, Interserve Plc (the "Company") announces that, on 13 May 2014, the Company granted an Award under the Interserve Performance Share Plan 2006 (in the form of nil-cost options), to each of the following Executive Directors/Persons Discharging Managerial Responsibilities ("PDMRs"), to acquire ordinary shares of 10p each in the Company ("Shares"), up to the maximum numbers shown below:-
Name |
Maximum No of Shares subject to Award | Maximum Total No of Shares over which Options/Awards held under all Interserve Schemes following Notification (including this Award)
|
Executive Directors | ||
Mr S L Dance | 61,908 | 292,672 |
Mr T P Haywood | 74,893 | 353,779 |
Mr B A Melizan | 61,908 | 367,812 |
Mr A M Ringrose | 104,005 | 640,086 |
Mr D I Sutherland | 61,908 | 277,567 |
PDMRs | ||
Mr T Bradbury | 42,418 | 181,639 |
Mr A G Franks | 29,023 | 107,837 |
Mr R P O'Kelly | 15,320 | 46,555 |
Mr I M Renhard | 27,534 | 143,560 |
Ms C M Ward | 21,767 | 46,968 |
The Awards will normally vest on or after the third anniversary of the date of grant subject to the fulfilment of certain performance conditions based on earnings per share and total shareholder return. No consideration is payable on the grant or the vesting of the Award and the awards must be exercised within 2 years of vesting.
14 May 2014
Trevor Bradbury
Group Secretary
Tel: 0118 932 0123