4th Aug 2014 08:51
STOCK SPIRITS GROUP PLC
(Company Number - 8687223)
Announcement to the London Stock Exchange
This announcement replaces the previous release made on 7 May 2014 under RNS number 5094G.
The previous announcement stated, that Mariusz Borowiak had been awarded 81,193 shares under the Company's Performance Share Plan.
This should have stated that he had been awarded 162,386 shares; of which 81,193 shares are dependent on additional targets as part of an individual Performance Condition being completed.
This is the only change to the previously released announcement. The correction is included in the full text of the announcement below.
This notification is made in accordance with DTR 3.1.4(1).
Awards under the Company's Performance Share Plan
Options over ordinary shares in Stock Spirits Group PLC (the "Company") have been granted to the following persons discharging managerial responsibilities ("PDMRs") under the Stock Spirits Group PLC rules of the Performance Share Plan (the "PSP").
Name of PDMR | Number of Shares in the Capital of the Company
|
Chris Heath | 234,690
|
Lesley Jackson | 152,309
|
Elisa Gomez De Bonilla
| 68,599 |
Hugh Ellaby | 11,786
|
Andrew Mills
| 10,691 |
Steve Weatherley
| 8,938 |
Roman Pocs | 40,327
|
Claudio Riva | 87,202
|
Steve Smith
| 64,352 |
Richard Hayes | 71,502
|
Petr Pavlik
| 71,053 |
Ian Croxford
| 114,130 |
Mariusz Borowiak
| 162,386 * |
* Of these 162,386 shares, 81,193 shares are dependent on additional targets as part of an individual Performance Condition being completed.
The terms of the awards (including the vesting dates and performance conditions) were disclosed in the Company's Annual Report for the year ended 31 December 2013.
The grant of the options was made in London on 6 May 2014 and the normal vesting date is 6 May 2017.
£Nil consideration per share was paid for the grant of the Options.
Awards under the Company's Deferred Annual Bonus Plan
Options over ordinary shares in Stock Spirits Group PLC (the "Company") have been granted to the following persons discharging managerial responsibilities ("PDMRs") under the Stock Spirits Group PLC Deferred Annual Bonus Plan (the "DABP")
Name of PDMR | Such number of Shares in the capital of the Company equal in value to the below amounts on the date of vesting
|
Claudio Riva | €10,109
|
Hugh Ellaby | £58,073
|
Roman Pocs
| €12,199 |
These options were granted in respect of outstanding accrued awards under the Company's Cash Long Term Incentive Plan ("Cash LTIP") existing prior to IPO and corresponding to the year ended 31 December 2013 and were agreed as part of the remuneration arrangements at the time the Company's shares were listed on the London Stock Exchange. The terms of the DABP (including timing of grants and vesting dates) and the details of the Cash LTIP arrangements for certain management were disclosed in the Company's listing documentation. The Company has the right to pay the final amount in cash instead if it decides so.
The grant of the options was made in London on 6 May 2014 and the normal vesting date is 25 October 2014.
£Nil consideration per share was paid for the grant of the Options.
Enquiries:
Elisa Gomez de Bonilla
Company Secretary
01628521366
Related Shares:
STCK.L