10th May 2016 11:57
Aggreko plc
Notification of Transactions of Directors
On 9 May 2016, the following conditional share awards over ordinary shares of 4 329/395 pence in the Company were made under the Aggreko 2015 Long Term Incentive Plan (the "LTIP") to Executive Directors of the Company:
Name of Director | Number of Shares under Award |
|
Carole Cran | 114,976 |
|
Chris Weston | 209,302 |
|
|
No consideration was paid for the grant of the awards.
The vesting of an award is subject to continued employment of the Director and the satisfaction of performance conditions set by the Remuneration Committee of the Company. The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions. Further information on the above share awards can be found on page 92 of the 2015 Annual Report, available at www.aggreko.com/investors.
The total number of interests held by the Executive Directors following these awards are as follows:
Name of Director | Shares owned outright | Share Interests subject to deferral | Share Interests subject to performance | Options held not subject to performance |
Carole Cran | 8,890 | 4,082 | 254,831 | - |
Chris Weston | 34,773
| 71,715 | 348,534 | 2,168 |
This notification relates to a transaction notified in accordance with DTR 3.1.2 R.
Peter Kennerley
Group Legal Director & Company Secretary
0141 225 5900
10 May 2016
Related Shares:
AGK.L