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12 Jun 2012 11:20
RNS Notification required by DTR 3.1.4R(1)
12 June 2012
Thomas Cook Group plc has today awarded a Contingent Share Award under the Thomas Cook Group plc Performance Share Plan ("PSP") to the following PDMR:
PDMR | Number of Ordinary Shares of €0.10 awarded | Total number of Shares held under the PSP following this notification
|
Michael Healy | 500,000 | 500,000
|
The award will vest three years from the date of the award subject to the following performance condition being satisfied.
Average Ordinary Share price | Percentage of PSP Award vesting |
Less than 30p | Nil |
30p | 30% |
Between 31p and 99p | 31% to 99% pro rata |
100p | 100% |
The award will vest based on the highest average of the official market closing price over a consecutive period of 60 Trading Days during the last 12 months of the Performance Period.
Names and Contact Numbers:
Faeth Birch
Media enquiries
Tel +44 (0)20 7251 3801
Derek Woodward
Group Company Secretary
Tel +44 (0)20 7557 6415
Thomas Cook (TCG)
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