10th Mar 2005 14:01
ROLLS-ROYCE GROUP PLC (the Company) 10 March 2005The Company announces that on 8 March 2005, awards (Awards) to acquire ordinaryshares in the Company (Shares) were granted to the following executiveDirectors under the Rolls-Royce Group plc Performance Share Plan. No amount ispayable for the grant of an Award.Director No. of Shares under Award Sir John Rose 263,782 Shares John Cheffins 118,517 Shares Colin Green 97,006 Shares James Guyette 93,871 Shares Michael Howse 83,599 Shares Andrew Shilston 109,596 Shares The realisation of Awards is dependent on the achievement of corporateperformance conditions as described in the Annual report. One such condition isthat if the Company's total shareholder return at the end of the performanceperiod exceeds the median of the constituent companies in the FTSE 100 Index onthe date of grant, the total number of Shares realisable will be increased by25%. The number of Shares set out in the table above is the maximum which couldbe released before applying the 25% uplift.For further information, please contact:-John Warren - Deputy Company Secretary Tel.no 01332 245878Notified on 9 March 2005ENDROLLS-ROYCE GROUP PLCRelated Shares:
Rolls-Royce