13th Aug 2009 11:30
RNS Notification required by DR3.1.2 R
Thomas Cook Group plc
Purchase of ordinary shares of €0.10 in Thomas Cook Group plc ("Shares" and the "Company", respectively) by Directors of the Company under the terms of the Thomas Cook Group plc 2008 Co-Investment Plan ("COIP") and award of options under the COIP.
Halifax EES Trustees International Limited, the Trustee of the Thomas Cook Group plc 2007 Employee Benefit Trust (the "Trustee"), notified the Company on 13 August 2009 that:
The Trustee had received £200,000 from Manny Fontenla-Novoa, Chief Executive Officer, with instructions to acquire shares in the Company on his behalf. Using such funds, the Trustee acquired the following Shares as nominee under the terms of the COIP on 13 August 2009:
|
Number of shares acquired at £2.184702 |
Percentage of issued share class acquired |
Total holding of shares following this acquisition |
Total percentage of shares held following acquisition |
|
90,907 |
0.01% |
642,353 |
0.07% |
The Trustee granted options to acquire the following Shares in the Company for nil exercise price in order to provide the matching share entitlement under the COIP to Manny Fontenla-Novoa:
|
Number of shares over which options granted |
Date of Grant |
Total number of shares over which options are held following this notification |
|
318,174 |
13 August 2009 |
3,465,567 |
The matching share entitlement will vest on the third anniversary of its date of grant and will lapse on the tenth anniversary of that date. Vesting is dependent on performance targets being met.
Name and Contact Number:
Derek Woodward: 020 7557 6415
Related Shares:
Thomas Cook