21st Sep 2006 09:46
Evolutec Group PLC21 September 2006 Evolutec Group plc (the "Company") Award of performance related shares to Directors The Company announces that Mark Carnegie Brown, Chief Executive, and NicholasBadman, Chief Financial Officer, received awards on 19 September 2006 under theterms of the Company's 2005 Share Performance Plan (the "Plan"). Under the terms of the Plan, awards have been granted to them over ordinaryshares of the Company subject to satisfaction of specified performance criteria(the "Performance Shares"). The Performance Shares will vest three yearsfrom the date of the award, subject to satisfaction of the relevant conditionsand in accordance with the rules of the Plan. Mark Carnegie Brown was awarded 251,046 Performance Shares. Following thisaward, Mark Carnegie Brown holds options and performance related share awardsover 797,271 ordinary shares, representing approximately 3.4 per cent. of theissued share capital of the Company. Nicholas Badman was awarded 150,628 Performance Shares. Following this awardNicholas Badman holds options and performance related share awards over 577,987ordinary shares, representing approximately 2.5 per cent. of the issued sharecapital of the Company. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Nanoco