12th Mar 2012 18:15
Amlin plc
12 March 2012
Amlin plc (the "Company" or "Amlin")
Interests of Directors and PDMRs
Awards under share-based incentive plans
Certain Amlin executive Directors and other Persons Discharging Managerial Responsibilities ("PDMRs") were granted on 6 March 2012 awards under the Company's Performance Share Plan 2004 ("PSP") and Long Term Incentive Plan 2006 ("LTIP") entitling them to acquire the numbers of Amlin ordinary shares ("Shares").
Options granted under the PSP and LTIP have an exercise price of £1 in total per exercise. Conditional awards of shares granted under the PSP and LTIP are at no cost.
Depending on the extent to which performance conditions are satisfied, and subject to continuing employment in the Amlin Group, the PSP awards will normally be exercisable between March 2017 and September 2019 and the LTIP awards between March 2015 and September 2017. Awards under the PSP are only made to executive Directors and senior employees who are not underwriters, and therefore who are not eligible for the separate (usually cash-based) long term Capital Builder Plan for underwriters. Awards under the LTIP are made to both underwriters and non-underwriters.
Other PDMRs | PSP awards - shares over which awards made | LTIP awards - shares over which awards made | |||
D J Harris | 72,621 | 72,621 |
The above replaces and amends the entry to D J Harris, included within the RNS - Director/PDMR Shareholding announcement released 7 March 2012 at 16.04.
Enquiries:
Mark Stevens
Group Company Secretary, Amlin plc, 020 7746 1000
12 March 2012
Copyright Business Wire 2012
Related Shares:
Aston Martin Lagonda