8th Nov 2006 09:08
Evolutec Group PLC08 November 2006 Evolutec Group plc ("Evolutec" or the "Company") Dealings by Directors and Persons Discharging Managerial Responsibility The Company announces that on 25 October 2006, Mark Carnegie Brown (ChiefExecutive Officer) and Nicholas Badman (Chief Financial Officer) were grantedmatching share awards over ordinary shares of the Company under the EvolutecCo-Investment Plan. These awards relate to their purchases of ordinary sharesannounced on 26 October 2006. Mr Carnegie Brown and Mr Badman were respectivelygranted 35,000 and 23,076 matching shares, representing 0.13 and 0.09 per cent.respectively of the issued share capital of the Company. A price of 129 pencewas used to determine the number of matching shares awarded. In addition, Mr Carnegie Brown was granted 33,675 matching share awards on 28February 2006 based on a price of 162.5 pence, representing 0.13 per cent of theissued share capital of the Company, following a purchase of ordinary sharesannounced on 1 March 2006. All matching shares will vest three years from the date of award, subject tosatisfaction of performance criteria and in accordance with the relevant planrules. Following these awards Mr Carnegie Brown and Mr Badman respectively hold optionsand performance related share awards over 865,946 and 601,063 ordinary shares,representing 3.34 and 2.32 per cent. of the issued share capital of the Company. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Nanoco