19th Dec 2013 15:04
19 December 2013
Sweett Group plc (the "Company")
Award of shares under the Share Incentive Plan
Sweett Group (AIM: CSG), the international construction and property consultancy, announces that it received notification on 17 December 2013 that, following payroll contributions made on 30 November 2013, Cyril Sweett Trustee Company Limited, trustee of the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP"), awarded 8,753 ordinary shares of 10 pence each respectively in the Company ("Ordinary Shares") to participants in the SIP at a price of 58.0 pence per share.
Following the appropriation, Cyril Sweett Trustee Company Limited holds 8,934,477 Ordinary Shares representing 13.07% of the issued share capital of the Company.
Under the SIP, the following directors of the Company purchased Ordinary Shares:
Mr D L Webster Mr D R Pitcher | Chief Executive Officer Director | 216 Ordinary Shares 216 Ordinary Shares |
Therefore the following directors' beneficial holdings in the Company have changed following these appropriations:
Following the appropriations | ||
Name | Number of shares | % |
Mr D L Webster | 1,080,955 | 1.58 |
Mr D R Pitcher | 1,998,384 | 2.92 |
At the date of this announcement, the Company's issued share capital consists of 68,344,198 Ordinary Shares with voting rights and the Company holds no Ordinary Shares in Treasury.
For further information, call:
Sweett Group plc
Chris Goscomb, Chief Financial Officer 020 7061 9520
Philip Watt, Company Secretary 020 7061 9053
Westhouse Securities Limited 020 7601 6100
Tom Griffiths
Paul Gillam
ENDS
Related Shares:
CSG.L