13th Jan 2005 16:26
ITE Group PLC13 January 2005 Notification of Interests of Directors ITE Group plc has today issued the following Contingent Awards to Directors toacquire ordinary shares in the Company free of charge, subject to performanceconditions being met. The Awards are made under the terms of and subject to theconditions set out in the ITE Group plc Employees Performance Share Plan 2004. Contingent Awards over Ordinary Shares Ian Tomkins 328,070 Russell Taylor 180,439 Edward Strachan 23,392 ITE Group plc has today issued the following Contingent Option to acquireordinary shares in the Company at an exercise price of 1p per share, subject toperformance conditions being met. The Contingent Option is issued under the andterms of and subject to the conditions set out in the ITE Group plc KeyContractors' Performance Share Plan 2004. Contingent Options to acquire Ordinary Shares at 1p each Edward Strachan 225,146 The vesting of the Contingent Awards and the Contingent Option are dependant onperformance targets being met. The performance targets are based on theachievement of Aggregate diluted Earnings per share figures achieved over athree year period. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HYVE.L