10 Jun 2015 11:40
STV Group plc Long-Term Incentive Plan - 2015 Awards 10 June 2015 | |
STV Group plc announces that it has today granted a total of 302,437 conditional nil cost share awards of 50p each to a total of 15 employees under the STV Group plc Long-Term Incentive Plan ("LTIP") which was approved by shareholders on 30 April 2015. The awards were granted at a price of £4.25 per ordinary share (the closing share price on Tuesday 9 June 2015) and these 15 employees included the executive directors as follows:- | |
Director | Shares awarded |
Rob Woodward | 91,200 |
(Chief Executive) | |
George Watt | 51,408 |
(Chief Financial Officer) | |
These will be released to the participants in at least three years time subject to their continued employment and the satisfaction of the following performance conditions:- | ||||||||||||||||||||||||
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Further enquiries: | ||||||||||||||||||||||||
Jane E A Tames | ||||||||||||||||||||||||
Company Secretary | ||||||||||||||||||||||||
STV Group plc | ||||||||||||||||||||||||
Tel: 0141 300 3074 | ||||||||||||||||||||||||
Stvg (STVG)