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30 Nov 2012 12:07
UK Mail Group plc (the "Company")
Announcement to the London Stock Exchange
This notification is made in accordance with DTR 3.1.4(1)(a).
On 29 November 2012 the following directors of the Company and other persons discharging managerial responsibility ("PDMRs") were granted options ("Options") under the UK Mail Group plc Long Term Incentive Plan 2009 (the "Plan") to acquire ordinary shares of £0.10 each in the Company for nil consideration as set out below.
Individual | Director/PDMR | Number of shares subject to Options |
Guy Buswell | Director | 94,325 |
Steven Glew | Director | 66,939 |
Carl Moore | PDMR | 27,655 |
Steve Patrick | PDMR | 27,655 |
Terry Richards | PDMR | 27,655 |
David Williams | PDMR | 27,655 |
The Options will ordinarily vest on the third anniversary of grant subject to the grantee's continued employment and the satisfaction of performance conditions assessing the Company's earnings per share growth and the Company's total shareholder return relative to a comparator group comprising the constituent companies of the FTSE All Share Index (excluding investment trusts). No consideration was paid for the grant of the Options.
The Company was informed of the above transactions on 29 November 2012.
For and on behalf of UK Mail Group plc
Steven Glew
Date: 30 November 2012
About UK Mail
UK Mail is the leading independent parcel, mail and logistics services company within the UK and one of the main alternatives to Royal Mail for business mail requirements. UK Mail offers customers a full range of time-sensitive and secure delivery options for letters, packets, parcels and pallets. More information is available at www.ukmail.com.
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