10th Jan 2008 16:31
Grainger PLC10 January 2008 ISIN Number: GB00B04V1276 Director Shareholdings---------------------- Under the terms of the Grainger plc 2007 Long Term Incentive Plan, the followingdirectors of Grainger plc ("the Company") were, on 9 January 2008, awarded thefollowing conditional share interests in the ordinary share capital of theCompany. Performance interests Matching Interests Rupert Dickinson 217,294 43,458Andrew Cunningham 164,079 32,815 They were also granted conditional nil cost options in conjunction with thegrant of the share interests over such number of shares which at vesting have amarket value equal to the initial value of the shares comprised in the shareinterests. In addition, the company announces that The Grainger Employee Benefit Trust hasacquired 497,088 treasury shares from the Company at an average of £3.3825 pershare. These shares will be used to satisfy share interests and options grantedin the Grainger plc 2007 Long Term Incentive Plan. For and on behalf of Grainger plc M P WindleAssistant Company Secretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Grainger plc