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Deferred Bonus Award

4 May 2010 15:29

RNS Number : 2962L
Moss Bros Group PLC
04 May 2010
 

Moss Bros Group Plc("the Company")

This notification is made in accordance with DTR 3.1.4(1)(a).

 On 30 April 2010, the following deferred bonus award over ordinary shares of 5 pence each in the Company ("the Shares") was made under the deferred bonus element of the Moss Bros Group 2009 Long-Term Incentive Plan (the "Plan") to Brian Brick, the Chief Executive of the Company.

 Name Number of shares under the deferred bonus award

Brian Brick 48,638

Brian Brick was required to defer 50% of his annual bonus for the financial year ended 30 January 2010 into Shares for a period of three years and the deferred bonus award effect this deferral.

 No consideration was paid for the grant of a deferred bonus award which is structured as an option with a nil exercise price. Ordinarily, a deferred bonus award will vest in three years' time, subject to the continued employment of the participant.

 

 

 

   
   
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