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Director/PDMR Shareholding

12th Jul 2006 16:14

Havelock Europa PLC12 July 2006 12 July 2006 Havelock Europa PLC Disclosure of Directors interest in shares Following the approval of the resolution to establish a Long Term Incentive Planfor directors and senior managers of the group, the remuneration committee hasmade the following awards of shares under the plan: HEO Balfour 100,643 ordinary shares of 10 pence eachR Lowery 79,963 ordinary shares of 10 pence eachGM Findlay 68,934 ordinary shares of 10 pence each These awards will vest after the preliminary announcement of results for theyear to 31 December 2008 at nil cost based on the rules of the scheme dependenton the achievement of targets in relation to Earnings Per Share ("EPS") andReturn on Capital Employed (RoCE) during the performance period which is thethree financial years commencing 1 January 2006. Each award comprises an EPSelement representing 50% of the award and a RoCE element representing thebalance. Contact details: Grant Findlay 01383 820044 This information is provided by RNS The company news service from the London Stock Exchange

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Havelock Europa
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