25th May 2012 13:03
Vectura Group plc ("the Company")
AWARDS UNDER SHARE INCENTIVE PLAN
Chippenham, UK, 25 May 2012: Vectura Group plc (LSE: VEC) today announces that under the Vectura Group plc Share Incentive Plan (an HMRC approved all-employee share purchase plan adopted by the Company's shareholders on 27 September 2006) (the "Plan"), an award of Free Shares was made on 24 May 2012 to all eligible employees included in the Plan at an effective price of 66.75p per share.
As a result of this award, Dr. C P Blackwell and Ms. A P Hyland, Executive Directors of the Company, have the following interests as a result of their personal participation in the Plan:
Free Shares awarded on 24 May 2012 at 66.75p per share | Total number of Free, Matching and Partnership Shares held in the Plan on 24 May 2012 | |
Dr. C P Blackwell | 4,494 | 47,597 |
Ms. A P Hyland | 4,494 | 47,597 |
The beneficial ownership of the 4,494 Free Shares awarded under the Plan will pass to the Executive Directors on 24 May 2015, subject to their continued employment.
Enquiries:
Vectura Group plc | Tel: 01249 667612 |
Anne Hyland | |
Chief Financial Officer and Company Secretary |
Related Shares:
VEC.L