Last checked at 4 Apr 2011 11:04
4 April 2011
Zotefoams plc ("the Company")
Directors' Shareholdings
The Company announces that the Executive Directors have been granted restricted ordinary 5p shares of the Company ("Ordinary Shares") under the Company's Deferred Bonus Share Plan ("DBSP") as set out below on 31 March 2011. The shares will normally only be released after three years and are subject to satisfaction of service conditions.
Number of Shares | Release Date | Company Share Scheme | |
DB Stirling | 7,153 | 31 March 2014 | DBSP |
CG Hurst | 4,967 | 31 March 2014 | DBSP |
The Company also announces that the Executive Directors have been granted restricted awards over Ordinary Shares under the Company's Long-Term Incentive Plan ("LTIP") as set out below on 31 March 2011. The awards will only be released in the event that the Company achieves certain performance criteria.
Number of Shares | Release Date | Company Share Scheme | |
DB Stirling | 58,632 | 31 March 2014 | LTIP |
CG Hurst | 40,717 | 31 March 2014 | LTIP |
In addition to the above awards Mr Stirling and Mr Hurst hold the following options over Ordinary Shares:
Director | Number of Shares | Exercise Period | Share Price (p) | Option Scheme |
DB Stirling | 28,116 | 12/8/11-11/8/18 | 106.7 | HMRC |
166,630 | 16/3/12 onwards | Nil | LTIP | |
9,173 | 11/3/13 onwards | Nil | DBSP | |
77,424 | 19/3/13 onwards | Nil | LTIP | |
CG Hurst | 59,631 | 7/4/07-6/4/14 | 72.5 | ESOS |
115,909 | 22/12/08-21/12/15 | 77.0 | ESOS | |
28,116 | 12/8/11-11/8/18 | 106.7 | HMRC | |
116,413 | 16/3/12 onwards | Nil | LTIP | |
6,408 | 11/3/13 onwards | Nil | DBSP | |
54,090 | 19/3/13 onwards | Nil | LTIP |
HMRC denotes share options held under the Company's HMRC approved share scheme.
ESOS denotes share options held under the Company's Executive Share Option Scheme.