25 Apr 2016 13:36
Hilton Food Group plc (the "Company")
Grant of Awards of Shares to Directors under the Hilton Food Group
Long-Term Incentive Plan 2012 (the "Plan") and Sharesave Scheme
In accordance with DTR 3.1.2R of the Disclosure and Transparency Rules the Company announces that on 25 April 2016 the following Executive Directors were granted awards under the Plan entitling them to acquire ordinary shares in the Company as summarised below.
Name of Executive Director | Total number of shares subject to the award |
Robert Watson | 74,055 |
Philip Heffer | 57,090 |
Nigel Majewski | 57,090 |
No consideration was paid for the grant of these awards.
Awards will normally vest on 25 April 2019 subject to continued employment and meeting a performance condition. The performance condition includes threshold performance EPS growth of 5% per annum where 10% of the options will vest rising to EPS growth of at least 17% per annum where 100% of the options will vest.
For further enquiries please contact:
Neil George
Company Secretary
Tel. +44 (0) 1480 387207
Hilton Foods (HFG)