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Long Term Incentive Awards

10 Oct 2017 15:48

RNS Number : 2327T
TalkTalk Telecom Group PLC
10 October 2017
 

RNS Announcement 

10 October 2017

For Immediate Release 

TalkTalk Telecom Group PLC (the "Company")

Long Term Incentive Awards

The Company makes a notification in accordance with DTR 3.1.2 R and section 793 of the Companies Act 2006 that Kate Ferry has acquired 140 I ordinary shares of 1 pence each in TalkTalk Group Limited ("TTG"), a subsidiary of the Company in respect of an award granted pursuant to the Company's Shareholder Value Plan.

 

These participation shares have been acquired for market value using an interest bearing loan made by TTG on commercial terms. Vesting is dependent on performance conditions being satisfied in 2020 and 2021 and no value will be realised until the full amount of the loan including interest has been repaid in full.

The above shares do not represent any holding of listed shares in the Company.

 

-End-

 

Enquiries

Mal Patel, Investor Relations: +44 (0)20 3417 1037

Tim Morris, Company Secretary: +44 (0)20 3417 1000

 

 

 

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