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Directors' Shareholdings

11 Mar 2016 15:58

RNS Number : 8978R
Robert Walters PLC
11 March 2016
 

11 March 2016

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

The Company announces that the Executive Directors listed in the table below have deferred part of their respective annual bonuses for the financial year ended 31 December 2015 into ordinary shares of 20p each in the Company ("Ordinary Shares"), as required by the Company's Remuneration Committee. Accordingly, on 10 March 2016, the Directors were awarded a conditional right to receive Ordinary Shares, payable in equal tranches at the end of 31 December 2016 and 31 December 2017. The number of Ordinary Shares deferred and net of tax, as shown below, was calculated by reference to the price of £3.085 per share, being the purchase price on 10 March 2016.

 

Directors

Deferred Ordinary Shares

Robert Walters

45,080

Giles Daubeney

37,584

Alan Bannatyne

27,523

Total

110,187

 

 

The total of 110,187 Ordinary Shares were purchased by the Company on 10 March 2016 at the market price of £3.085 per share and will be held by the Company until the date of vesting, half at the end of 31 December 2016 and half at the end of 31 December 2017.

 

Further information

Robert Walters plc

Robert Walters, Chief Executive

Alan Bannatyne, Chief Financial Officer

 

+44 20 7379 3333

Newgate Communications

Fergus Wylie

James Benjamin

Madeleine Palmstierna

 

+44 20 7680 6550

 

 

www.robertwalters.com

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