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DIRECTOR DEALINGS - Millennium & Copthorne Execs Granted Share Awards

12th Sep 2013 17:12

LONDON (Alliance News) - Millennium & Copthorne Hotels PLC Thursday said Chief Executive Wong Hong Ren and other executives were granted 175,834 share awards under the company's long-term incentive plan.

The awards will vest three years from September 11, the company said. They are "subject to continued employment and achievement of performance conditions based on achievement of earnings per share growth for 50% of the share award and relative Total Shareholder Return performance for the remaining 50% of the awards", the company said in a statement.

Millennium shares Thursday closed at 558.5, down -3.5 pence, or 0.6%.

Executive Director

Number of shares covered by Performance Share Award 

Wong Hong Ren

175,834

 

Other PDMRs

Number of shares covered by Performance Share Award 

John Arnott

5,861

John Chang

15,780

Jonathon Grech

5,861

Clive Harrington

19,504

Chee Hwee Tan

12,444

Dipesh Joshi

5,636

Robert Rivers

6,046

Nick Taylor

5,861

Colin Wang

7,325

Bhupesh Yadev

10,343

Lawrence Yip

6,490

Franz Zeller

8,186


By Samuel Agini; [email protected]; @samuelagini

Copyright © 2013 Alliance News Limited. All Rights Reserved.


Related Shares:

Millennium & Copthorne Hotels
FTSE 100 Latest
Value8,809.74
Change53.53