22nd May 2014 16:57
LONDON (Alliance News) - ICAP PLC Thursday said Chief Executive Michael Spence and Finance Director Iain Torrens were granted 91,657 and 130,939 matching shares, respectively, at an exercise price of GBP1 under its bonus share matching plan.
In addition, the company said the following managers were awarded basic and matching shares under its long term incentive plan, details of which follow:
PDMR | BASIC AWARD | MATCHING AWARD |
|
|
|
David Casterton | 96,895 | 96,895 |
Hugh Gallagher | 50,398 | 50,398 |
Seth Johnson | 55,911 | 55,911 |
Gil Mandelzis | 159,745 | 159,745 |
Laurent Paulhac | 13,258 | 13,258 |
Ken Pigaga | 21,735 | 21,735 |
Duncan Wales | 37,710 | 37,710 |
ICAP said the basic and matching awards will vest on the third anniversary of the award, while the matching award is subject to a performance condition.
ICAP shares closed up 2.2% at 390.00 pence Thursday.
By Anthony Tshibangu; [email protected];
Copyright 2014 Alliance News Limited. All Rights Reserved.
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