27th Jul 2009 09:13
DIRECTOR/PDMR SHAREHOLDING
On 23 July 2009 the Directors and PDMRs identified in the table below were granted options by DSG international plc (the Company) over ordinary shares of 2.5 pence each (Shares) in the Company pursuant to the Company's Employee Share Option Plan (the Plan) at an option price of 23.95 pence.
Options granted under the Scheme will vest on 23 July 2012 to the extent that certain performance conditions are satisfied over the performance period of three financial years commencing 03 May 2009. Vested options may be exercised during the period from 23 July 2012 to 22 July 2019.
This announcement is made in accordance with the requirements of DTR 3.1.4 R(1) (a) and DTR 3.1.4 R(1) (b).
|
Name of director/PDMR |
Maximum number of shares subject to options |
|
John Browett |
2,656,622 |
|
Nicholas Cadbury |
1,586,043 |
On 23 July 2009 the Company was notified that the following awards were granted over ordinary shares of 2.5 pence each (Shares) in the Company to the Directors and PDMRs of the Company on that date pursuant to the Company's Performance Share Plan. The number of Shares which will be released at the vesting date, 23 July 2012, will depend upon the extent to which the performance condition applicable to these awards is satisfied over the performance period of three financial years commencing 3 May 2009. The performance condition is measured in terms of the Total Shareholder Return (TSR) achieved by the Company over the performance period.
|
Name of director/PDMR |
Maximum number of Shares subject to the award |
Price paid for the award (p) |
Price payable on release (p) |
|
John Browett |
664,155 |
Nil |
Nil |
|
Nicholas Cadbury |
396,511 |
Nil |
Nil |
Related Shares:
DXNS.L