16th Mar 2010 10:10
For Immediate Release 16 March 2010
RPS Group Plc (the "Company") Release of Awards to Senior Executives under the LTIP
RPS Group Plc announces the release of conditional share awards granted on 14 March 2007 under the RPS Group Plc Long-Term Incentive Plan (the "LTIP").
In accordance with the rules of the LTIP and based on the Company achieving average basic earning per share growth of a minimum of 10% p.a. over a three year holding period, 100% of the shares subject to the awards have been released. As a consequence on15 March 2010 the following Executive Directors became the legal and beneficial owners of the following number of ordinary shares of the Company:
|
Executive |
Number of Ordinary Shares
|
|
Peter Dowen |
60,222 |
|
Dr Alan Hearne |
124,893 |
|
Dr Philip Williams |
60,222 |
|
Gary Young |
49,272 |
The Executive Directors have sold the number of ordinary shares of the Company set out against their names at a price of 178.1p per share.
|
Executive |
Number of Ordinary Shares
|
|
Peter Dowen |
60,222 |
|
Dr Alan Hearne |
124,893 |
|
Dr Philip Williams |
24,770 |
|
Gary Young |
20,265 |
Nicholas Rowe
Secretary
RPS Group Plc
Tel: 01235 438016
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Related Shares:
RPS.L