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Director/PDMR Shareholding

24 Jun 2013 16:59

RNS Number : 7449H
S & U PLC
24 June 2013
 





 

24 June 2013

S & U PLC ("S&U" or "the Company")

Director/PDMR Shareholding

 

The Company has granted share options in respect of 7,000 ordinary shares of 12.5p each in S & U to a Company Director under the Company's 2010 Long Term Incentive Plan ("LTIP"). 

 

The options award was made on 21 June 2013.

 

The earliest date the award will be capable of exercise is on 21 June 2016 at an exercise price of 12.5p each. Under the terms of the LTIP the award of 7,000 options was made to CH Redford. The vesting of these options will be subject to rigorous performance conditions and is also subject to remaining in employment with the Company until 21 June 2016.

 

The award is as follows:

 

Name of Director

 

Number of ordinary shares under option

awarded

Total number of shares over which options held under LTIP and DSOP following notification

CH Redford

7,000

26,000

 

For further information, please contact: 

Anthony Coombs, Chairman S&U plc 0121 705 7777

 

Financial Advisers, Sponsors and Brokers

Adrian Trimmings/ Jamie Cameron Arden Partners plc 020 7614 5920

 

Media and Investor Relations

Will Swan/ Rebecca Hunt Smithfield 020 7360 4900 

 

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