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Director/PDMR Shareholding

27th Apr 2009 07:00

RNS Number : 1618R
Flying Brands Limited
27 April 2009
 



FLYING BRANDS LIMITED (THE "COMPANY") 

 

Director/PDMR Shareholding 

 

 

This notification is made in accordance with DR 3.1.4R(1)(a) of the Disclosure Rules. 

 

On 24 April 2009, awards of Units (comprising ordinary shares of one pence each and 'A' ordinary shares of 0.005 pence each) under the Long-Term Incentive Plan ("LTIP") were made to the executive directors of the Company. Stephen Cook, Chief Executive, was awarded 358,333 Units and Graham Norton, Group Finance Director, was awarded 145,833 Units. 

The Units were granted at nil cost to each director. Units awarded under the LTIP will vest over a period of three years and are subject to the Company achieving certain TSR growth targets over the same period.

 

Following these awards, the executive directors' interests in Units is as follows: 

 

 

Director Units held LTIP awards Options over Units
Stephen Cook 3,160,000 358,333 Nil
Graham Norton 11,000 202,759 64,411

 

 

Enquiries: 

 

Flying Brands Limited

Graham Norton, Finance Director

Tel: 01245 228 300

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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