24th Sep 2013 11:22
LONDON (Alliance News) - Park Group PLC Tuesday said it awarderd shares to a number of Executive Directors and senior employees under its existing 2009 Long Term Incentive Plan (LTIP) and an approved executive share option plan (AESOS).
Details of the deal are as follows:
Executive Director | Number of Ordinary Shares to be awarded under LTIP |
Chris Houghton | 671,386 |
Gary Woods | 553,111 |
Martin Stewart | 553,111 |
In order to meet the costs of Tax and National Insurance and the exercise price of share issues under option schemes, the Executive Directors on 23 September 2013 sold the following Ordinary Shares all at a price of 53.5p:
Executive Director | Number of Ordinary Shares sold |
Chris Houghton | 567,461 |
Gary Woods | 511,594 |
Martin Stewart | 319,243 |
Following these awards, the Executive Directors set out below will have beneficial interests in the Company amounting to:
Beneficial holder | Number of Ordinary Shares held in the Company | Percentage interest in the Company |
Christopher Houghton | 756,564 | 0.42% |
Gary Woods | 627,857 | 0.35% |
Martin Stewart | 862,363 | 0.47% |
The stock was trading unchanged at 53.25 pence Tuesday.
By Anthony Tshibangu; [email protected];
Copyright © 2013 Alliance News Limited. All Rights Reserved.
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Park Group PLC