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DIRECTOR DEALINGS: Ashmore CEO, FD Awarded Shares Under Incentive Plan

18th Sep 2013 16:04

LONDON (Alliance News) - Investment management firm Ashmore Group PLC said Wednesday that Chief Executive Officer, Mark Coombs, and Group Finance Director, Graeme Dell, were both awarded shares under the company's executive omnibus incentive plan, subject to performance conditions being met.

Coombs was awarded 1,056,340 shares, while Dell received 182,579.

The shares were all purchased at 383.40 pence each, and are held by Carey Pensions and Benefits Limited.

The transaction takes Coombs's total holding to 292.6 million shares, equal to 41.4% of the company, while Dell holds 1.9m shares, equal to less than 1% of the company.

Shares in Ashmore were trading down 3.10 pence, or 0.8%, Wednesday, at 381.90p.

By Philip Nye; [email protected]

Copyright 2013 Alliance News Limited. All Rights Reserved.


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Ashmore
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