29th Apr 2016 15:42
29 April 2016
Cape plc ('Cape' or the 'Company')
Director / PDMR notification
Cape Performance Share Plan
Cape plc (the "Company") announces that Joe Oatley and Michael Speakman were granted nil-cost options over the Company's ordinary shares of 25 pence each on 29 April 2016 pursuant to the Company's Performance Share Plan:
Director
| Number of options and % of issued capital
| Total number of shares over which options are held, and % of issued capital following this notification
|
Joe Oatley
| 280,788 - 0.23% | 863,115 - 0.71% |
Michael Speakman
| 208,848 - 0.17% | 643,733 - 0.53% |
Subject to certain performance conditions being met, the options will vest on a sliding scale basis on the third anniversary of the date of grant, and be exercisable during the period 29 April 2019 to 29 April 2021. Such part of the options which do not vest, due to the performance conditions not being met, will lapse.
Cape plc
Richard Allan
Company Secretary
Direct dial: +44(0)1895 459 988
Related Shares:
CIU.L