16th Nov 2007 09:33
Matchtech Group PLC16 November 2007 Matchtech Group plc ("the Company") 16 November 2007 LTIP awards Matchtech Group plc announces that on 15 November 2007 the RemunerationCommittee has granted the following zero cost share options over ordinary shares of 1p each in the Company ("Shares"), to the Executive Directors under the Matchtech Group plc 2006 Long-Term Incentive Plan (the "LTIP"), adopted by the Company on 28 September 2006. The Awards were calculated on the basis of £4.24 per Share, being the closing mid-price for the Shares on 14 November 2007. Director Number of Options Resultant LTIP option interest awarded under the LTIP Tony Dyer 18,868 44,674Adrian Gunn 25,944 51,750Paul Raine 15,095 47,353 The options subject to these awards will become exercisable in three years timesubject to the Executive Directors' continued employment and based on theCompany's earnings per share growth and the satisfaction of a comparative totalshareholder return performance over the three year period. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Gattaca