15th Dec 2008 15:45
15th December 2008
Enterprise Inns plc (the 'Company')
Director/PDMR Shareholding
Following the purchase and election on 10th December 2008 of the maximum number of Investment Shares on 12th December 2008 the Company granted the following executive directors a Performance and Matching Share award pursuant to the rules of the Enterprise Inns 2005 Long Term Incentive Plan (the 'Plan') for the financial year beginning 1st October 2008 over the following maximum number of ordinary shares of 2.5 pence ('Shares') in the Company:
Name |
Performance Award |
Matching Award |
G E Tuppen |
1,575,061 |
525,020 |
D C George |
945,036 |
315,012 |
W S Townsend |
945,036 |
315,012 |
These Performance and Matching Share awards will normally only vest to the extent that applicable challenging performance conditions are satisfied and then in accordance with the vesting periods set out in the rules of the Plan. Subject to the satisfaction of applicable performance conditions these awards give the above named executive directors a right to acquire the maximum number of shares above for a total consideration of £2.00. Any share awards vesting will normally be exercisable between 12th December 2011 and 12th June 2014.
J A Poole
Deputy Company Secretary
0121 256 3024
Related Shares:
EI Group