22nd Sep 2014 15:24
22 September 2014
Sweett Group plc (the "Company")
Award of shares under the Share Incentive Plan
Sweett Group (AIM: CSG.L), the global provider of professional services for the construction and management of building and infrastructure projects, announces that it received notification on 22 September 2014 that, the following directors received dividend shares on 19 September 2014 at a price of 41.65 pence per share (ordinary shares of 10 pence each respectively in the Company ("Ordinary Shares")) as a result of dividend re-investment under the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP");
Name | Number of Ordinary Shares |
Mr D L Webster, Chief Executive Officer | 1,156 |
Mr P M M Sinclair, Chief Financial Officer | 180 |
Mr D R Pitcher, Executive Director | 4,031 |
Mr R S Mabey, Non Executive Director | 1,140 |
Therefore, the following directors' beneficial holdings in the Company have changed following these appropriations:
Prior to the appropriations | Following the appropriations | |||
Name | Number of Ordinary Shares | % | Number of Ordinary Shares | % |
Mr D L Webster | 1,105,963 | 1.61 | 1,107,119 | 1.61 |
Mr P M M Sinclair | 52,263 | 0.08 | 52,443 | 0.08 |
Mr D R Pitcher | 2,054,648 | 2.99 | 2,058,679 | 3.00 |
Mr R S Mabey | 376,120 | 0.55 | 377,260 | 0.55 |
Following the appropriations, Cyril Sweett Trustee Company Limited, trustee of the SIP, holds 8,315,319 Ordinary Shares representing 12.11% of the issued share capital of the Company.
At the date of this announcement, the Company's issued share capital consists of 68,681,091 Ordinary Shares with voting rights and the Company holds no Ordinary Shares in Treasury.
For further information, please call:
Sweett Group plc +44 20 7061 9000
Patrick Sinclair, Chief Financial Officer
Philip Watt, Company Secretary
Westhouse Securities Limited +44 20 7601 6100
Tom Griffiths
Camarco +44 20 3757 4980
Billy Clegg
Georgia Mann
Notes to Editors
Sweett Group is a global provider of professional services for the construction and management of building and infrastructure projects. We have an integrated network of 58 offices in 18 countries across five continents offering cost consulting and project management. Our services support clients through every stage of the project life cycle based upon our international expertise and local knowledge. Our strength is our people's world-class talent and expertise through which, we have time and again delivered exceptional results. The strategy builds on these key strengths.
A modern, progressive company, Sweett Group sets itself apart through people, culture and aptitude to change. By collaborative practices and innovative thinking - supported at all levels - our clients receive an offering that is constantly evolving and improving in response to project needs.
www.sweettgroup.com
ENDS
Related Shares:
CSG.L