25th Jun 2013 07:00
Vectura Group plc ("the Company")
AWARDS UNDER SHARE INCENTIVE PLAN
Chippenham, UK, 25 June 2013: 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 June 2013 to all eligible employees included in the Plan at an effective price of 81.00p per share, being the closing mid-market price on the preceding dealing day.
Following this award, Dr. C P Blackwell, Ms. A P Hyland and Dr. T M Phillips, Executive Directors of the Company, have the following interests as a result of their personal participation in the Plan:
Free Shares awarded on 24 June 2013 at 81.00p per share | Total number of Free, Matching and Partnership Shares held in the Plan on 24 June 2013 | |
Dr. C P Blackwell | 3,703 | 55,380 |
Ms. A P Hyland | 3,703 | 55,380 |
Dr. T M Phillips | 3,703 | 12,277 |
The beneficial ownership of the 3,703 Free Shares awarded under the Plan will pass to the Executive Directors on 24 June 2016, subject to their continued employment, save in certain good leaver situations.
Enquiries:
Vectura Group plc | Tel: 01249 667700 |
Chris Blackwell, Chief Executive | |
Paul Oliver, Financial Controller |
Related Shares:
VEC.L