22 Jun 2012 14:00
22 June 2012
Tullett Prebon plc
Director / PDMR Shareholding
Tullett Prebon plc today announces that on 21 June 2012, the Remuneration Committee granted options under the Tullett Prebon Long Term Incentive Plan (the Plan) to the following Executive Directors:
Director | Number of Ordinary shares subject to option
|
Exercise Price |
Terry Smith
| 571,719 | £1 in total |
Paul Mainwaring
| 142,930 | £1 in total |
The number of shares set out above is the maximum number which may vest under the Plan. Shares will vest three years after the date of grant, subject to continued employment. The actual number of shares which vest will depend on the extent to which predetermined performance conditions are satisfied.
Enquiries:
Nigel Szembel, Head of Communications, Tullett Prebon plc
Direct: +44 (0)20 7200 7722
TP ICAP (TCAP)