Tyman Regulatory News (TYMN)

TYMAN PLC

("Tyman" or the "Group" or the "Company")

LTIP Awards vest and Directors' Dealing

2011 LTIP Awards vest

Tyman plc, a leading international supplier of components to the door and window industry, announces that following the announcement of the Group's results for the year ended 31 December 2013 and approval by the Remuneration Committee of the Company (the "Committee"), share awards ("2011 Awards") under the Tyman Long Term Incentive Plan (the "LTIP"), in the form of nil cost options over ordinary shares of 5 pence each in the Company ("Ordinary Shares") vested on 24 March 2014.

The announcement of the Group's results for the year ended 31 December 2013 was the trigger event for the vesting of the 2011 Awards. The 2011 Awards were made in July 2011 and covered the performance period from 1 January 2011 to 31 December 2013. Awards were dependent on the cumulative Underlying Basic EPS from continuing operations for the three years measured against a defined target range.

The Remuneration Committee has satisfied itself that the recorded Underlying Cumulative EPS is a genuine reflection of the underlying business performance of the Group over the performance period and accordingly has approved the vesting of the 2011 Awards at the calculated percentage set out below:

Awards were adjusted for the impact of the bonus element of the open offer announced on 1 May 2013.

The number of awards that have vested for the Executive Directors and the Senior Managers, including dividend shares where eligible, is as follows:

The Directors' shareholdings in the Company are now as follows:

27 March 2014