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Director/PDMR Shareholding

15th Dec 2008 15:45

RNS Number : 1245K
Enterprise Inns PLC
15 December 2008
 



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

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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