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Pin to quick picksStvg Regulatory News (STVG)

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Long-Term Incentive Plan - 2017 Award

28 Sep 2017 16:24

RNS Number : 1500S
STV Group PLC
28 September 2017
 

STV Group plc

LEI 21380075G000TTBDNDJ58

Long-Term Incentive Plan - 2017 Award

28 September 2017

STV Group plc announces that it has today granted a total of 297,415 conditional nil cost share awards of 50p each to a total of 32 employees under the STV Group plc Long-Term Incentive Plan ("LTIP") which was approved by shareholders on 30 April 2015.

The awards were granted at a price of £3.645 per ordinary share (the closing share price on Wednesday 27 September 2017) and these 32 employees included the Chief Financial Officer, George Watt. Mr Watt was awarded 62,057 shares.

These will be released to the participants in at least three years time subject to their continued employment and the satisfaction of the following performance conditions:-

Performance conditions

Weighting

Threshold vesting (25% of max)

Max vesting

Growth in EPS

50%

7%

12%

Non-broadcast operating profit in FY19

30%

£4.0m

£9.0m

TSR relative to the FTSE Small Cap Index

20%

Median

Upper quartile

Performance period for each metric commences on 1/1/17 and ends on 31/12/19

Further enquiries:

Jane E A Tames

Company Secretary

STV Group plc

Tel: 0141 300 3074

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLPMATMBTTBMR
Date   Source Headline
1st Mar 20183:21 pmRNSHolding(s) in Company
1st Mar 20187:00 amRNSSTV Group plc Full Year Results 2017
1st Mar 20187:00 amRNSTransaction in Own Shares
27th Feb 20187:00 amRNSTransaction in Own Shares
23rd Feb 20187:00 amRNSTransaction in Own Shares
20th Feb 20184:39 pmRNSHolding(s) in Company
20th Feb 20187:00 amRNSTransaction in Own Securities
14th Feb 20189:31 amRNSNotice of Results
13th Feb 20188:05 amRNSTransaction in Own Securities
7th Feb 20187:00 amRNSTransaction in Own Securities
6th Feb 20187:00 amRNSTransaction in Own Securities
29th Jan 20189:31 amRNSHolding(s) in Company
26th Jan 20184:34 pmRNSDirector/PDMR Shareholding
26th Jan 20187:00 amRNSTransaction in Own Securities
25th Jan 20187:00 amRNSTransaction in Own Securities
15th Jan 20187:00 amRNSTransaction in Own Securities
9th Jan 20187:00 amRNSTransaction in Own Securities
3rd Jan 20187:00 amRNSTransaction in Own Securities
21st Dec 20177:00 amRNSTransaction in Own Securities
14th Dec 20177:00 amRNSTransaction in Own Securities
13th Dec 20177:00 amRNSTransaction in Own Securities
12th Dec 20177:00 amRNSTransaction in Own Securities
8th Dec 20177:00 amRNSTransaction in Own Securities
4th Dec 20177:00 amRNSTransaction in Own Securities
1st Dec 20177:00 amRNSTransaction in Own Securities
30th Nov 20177:00 amRNSTransaction in Own Securities
29th Nov 20177:00 amRNSTransaction in Own Securities
22nd Nov 20177:00 amRNSTransaction in Own Securities
20th Nov 20177:00 amRNSTransaction in Own Securities
14th Nov 20177:00 amRNSTransaction in Own Securities
13th Nov 20177:00 amRNSTransaction in Own Securities
10th Nov 20177:00 amRNSTransaction in Own Securities
7th Nov 20177:00 amRNSTransaction in Own Securities
6th Nov 20177:00 amRNSTransaction in Own Securities
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1st Nov 20177:00 amRNSTransaction in Own Securities
31st Oct 20177:00 amRNSTransaction in Own Securities
30th Oct 20177:00 amRNSTransaction in Own Securities
24th Oct 20177:00 amRNSTransaction in Own Securities
23rd Oct 20177:00 amRNSTransaction in Own Securities
20th Oct 20177:00 amRNSTransaction in Own Securities
18th Oct 20177:00 amRNSTransaction in Own Securities
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10th Oct 20175:09 pmRNSGrant of options under Sharesave scheme
10th Oct 20177:00 amRNSTransaction in Own Securities
6th Oct 20177:00 amRNSTransaction in Own Securities
5th Oct 20177:00 amRNSTransaction in Own Securities
3rd Oct 20177:00 amRNSTransaction in Own Securities

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