27th Mar 2007 12:07
Management Consulting Group PLC27 March 2007 Management Consulting Group PLC27 March 2007 Management Consulting Group PLC (the 'Company') Director Shareholding The Company today announces that on 21 March 2007 Mr Kevin Parry, the ChiefExecutive of the Company, became entitled to receive ordinary shares of 25pence each in the Company ('Ordinary Shares') under the terms of the Long Term Incentive Plan ('LTIP') adopted by the Company on 18 April 2000. Mr Parry willreceive 109,166 Ordinary Shares which represents Mr Parry's current entitlementunder the LTIP, net of tax. No consideration is payable to the Company by Mr Parry in respect of the Ordinary Shares. Application will be made to the UKListing Authority and the London Stock Exchange for these Ordinary Shares to beadmitted to the Official List and to trading on the London Stock Exchange's main market ('Admission'). These Ordinary Shares will be issued to Mr Parry by19 April 2007 and Admission of these Ordinary Shares will occur by this date. Following the issue of these Ordinary Shares, Mr Parry will be beneficiallyinterested in 1,197,042 Ordinary Shares representing 0.44 per cent. of the thenissued share capital of the Company. This represents the entire remaining entitlement of Mr Parry under the terms ofthe LTIP. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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