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Director/PDMR Shareholding

17 Mar 2016 11:11

RNS Number : 4438S
Mandarin Oriental International Ltd
17 March 2016
 

MANDARIN ORIENTAL INTERNATIONAL LIMITEDNOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONSIn accordance with DTR 3.1.4 R of the Disclosure Rules and Transparency Rules, Mandarin Oriental International Limited (the 'Company' or 'MOIL') announced today that on 15th March 2016 conditional awards over the Company's shares were granted to the following Director and Persons Discharging Managerial Responsibilities ('PDMR') under the Mandarin Oriental Share-Based Long-Term Incentive Plan (the 'Plan'):-

Name

Director/PDMR

Number of MOIL Shares Awarded

Stuart Dickie

Director

250,000

Richard Baker

PDMR

143,000

Kieren Barry

PDMR

143,000

Paul Clark

PDMR

143,000

Jan Goessing

PDMR

143,000

Michael Hobson

PDMR

143,000

Christoph Mares

PDMR

143,000

Vincent Marot

PDMR

143,000

The conditional awards are rights to receive the Company's shares free of any payment, and will vest on the third anniversary of the date of grant, 15th March 2019. Subject to the terms and conditions of the Plan, the shares will be automatically released to the Director/PDMR shortly after that.Neil M McNamara, Jardine Matheson LimitedFor and on behalf of Mandarin Oriental International Limited17th March 2016www.mandarinoriental.com

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