Tyman Regulatory News (TYMN)

TYMAN PLC

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

LTIP Awards and Deferred Share Awards vest and Directors' Dealing

Voting Rights and Capital

2012 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 2014 and approval by the Remuneration Committee of the Company (the "Committee"), share awards ("2012 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 11 March 2015.

The announcement of the Group's results for the year ended 31 December 2014 was the trigger event for the vesting of the 2012 Awards. The 2012 Awards were made in July 2012 and covered the performance period from 1 January 2012 to 31 December 2014. 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 2012 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:

2011 Deferred Share Awards vesting

The following nil cost share awards, granted in March 2012 in respect of 50% of the Executive Directors' bonuses and in respect of 25% of senior managers' bonuses for the year ended 31 December 2011 and deferred until the announcement of the results of the Group for the year ended 31 December 2014, vested on 11 March 2015:

Both the 2012 LTIP Awards and the DSBP Awards will be satisfied in accordance with Group policy through the issuance of shares from the Tyman Employee Benefit Trust, shares out of Group Treasury and new shares.

Following the vesting of the 2012 LTIP Awards and the 2011 DSBP Awards, the Executive Directors' shareholdings in the Company are now as follows:

Voting Rights and Capital

Tyman's issued share capital consists of 170,104,385 ordinary 5p shares. 9,621 shares were released from Group Treasury in part satisfaction of the 2012 LTIP Awards and 541,814 shares remain in Treasury. Therefore the total number of voting rights in Tyman is 169,562,571. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Tyman under the FSA's Disclosure and Transparency Rules.

12 March 2015