5th Jul 2016 18:27
HomeServe plc
Vesting of Awards under the
HomeServe 2008 Long Term Incentive Plan (the 'LTIP')
Tom Rusin, a PDMR, has acquired shares following the vesting of shares under the LTIP.
Awards were granted on 24 June 2013 and were subject to a performance condition relating to comparative total shareholder return. The awards were subject to a three year performance period. This period has now ended, the performance condition has been assessed and awards have vested in full.
Mr Rusin held a performance award over 171,909 ordinary shares and a matching award over 85,770 ordinary shares. Both awards were structured as conditional share awards.
The shares were acquired on 1 July 2016 and Mr Rusin sold 175,633 shares immediately at a price of £5.2522.
Mr Rusin now holds 321,998 ordinary shares (0.1% of the issued share capital).
5 July 2016
Related Shares:
HSV.L