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9 Oct 2014 10:08
ISG plc (the "Company")
Director/PDMR Shareholding
9 October 2014
The Board of the Company announces that it has today granted options over Ordinary Shares to the executive directors of the Company as set out below. The options have an exercise price of 303p per share, being the average of the closing mid-market prices of ordinary shares of 1 pence each in the Company ("Ordinary Shares") as quoted on the AIM market of the London Stock Exchange plc on each of the three business days immediately preceding the date of grant.
Director | Options over Ordinary Shares |
Mr Greg Aldridge | 73,679 |
Mr Jonathan Houlton | 165,841 |
Mr David Lawther | 208,911 |
The options will be exercisable from 9 October 2017 to 8 October 2024. The options have been granted under the Company's approved and unapproved share option plans and are to be triggered subject to prescribed performance targets.
The Board has also granted share awards to the executive directors today as set out below. The awards were granted based on a share price of 303p per share, being the average of the closing mid-market prices of Ordinary Shares in the Company as quoted on the AIM market of the London Stock Exchange plc on each of the three business days immediately preceding the date of grant.
Director | Share Award (Ordinary Shares) |
Mr Greg Aldridge | 27,145 |
Mr Jonathan Houlton | 55,280 |
Mr David Lawther | 69,636 |
The awards have been granted under the Company's Performance Share Plan and will vest in three years time subject to prescribed performance targets.
Enquiries
ISG plc
Jared Cranney, Company Secretary
Tel: 020 7392 5339
Ends
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