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Market Cap: £91.42m
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Director/PDMR Performance Share Plan Award

12 Jul 2013 07:00

RNS Number : 1609J
RM PLC
12 July 2013
 

 

 

 

 

 

12 July 2013

 

RM plc

 

Director/PDMR Performance Share Plan Awards

 

RM plc announces that, on 10 July 2013, conditional awards of shares in respect of ordinary 2p shares in the Company were made for nil consideration under the RM Performance Share Plan 2010 as follows:

 

Director/PDMR

Shares Comprised in Awards

David Brooks

125,000

Iain McIntosh

125,000

Angela Sherwood

100,000

Mike Allen

100,000

Paul Fletcher

100,000

Andy Wilson

100,000

John Ingram

50,000

Greg Davidson

50,000

Philip Deakin

20,000

 

The vesting of the award and the receipt of shares will be based on the Company's relative TSR performance for the period from May / June 2013 to May / June 2016.

 

The Company's TSR performance shall be measured against the TSR performance of the companies (Comparator Group) within the FTSE Small Cap Index over the above period and must be at least at the median of a ranking of the TSR of each of the members of the Comparator Group. Vesting will occur on a sliding scale between median (25%) and upper quartile (100%).

 

No award can vest before 11 July 2016.

 

 

 

Contact:

 

RM plc

08450 700300

David Brooks, Chief Executive Officer

Iain McIntosh, Chief Financial Officer

 

Notes: the RM Performance Share Plan 2010 was approved by shareholders at the Company's AGM held on 18 January 2010.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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