15th Mar 2011 13:09
Amlin plc (the "Company" or "Amlin") Interests of Directors and PDMRs Awards under share-based incentive plans
Certain Amlin executive Directors and other Persons Discharging Managerial Responsibilities ("PDMRs") were informed on 11 March 2011 of awards under the Company's Performance Share Plan 2004 ("PSP") and Long Term Incentive Plan 2006 ("LTIP") entitling them to acquire the numbers of Amlin ordinary shares ("Shares") set out below. Options granted under the PSP and LTIP have an exercise price of £1 in total per exercise. Conditional awards of shares granted under the PSP and LTIP are at no cost.
Depending on the extent to which performance conditions are satisfied, and subject to continuing employment in the Amlin Group, the PSP awards will normally be exercisable between March 2016 and September 2018 and the LTIP awards between March 2014 and September 2016. Awards under the PSP are only made to executive Directors and senior employees who are not underwriters, and therefore who are not eligible for the separate (usually cash-based) long term Capital Builder Plan for underwriters. Awards under the LTIP are made to both underwriters and non-underwriters.
Performance Share Plan awards
|
Directors | Shares over which awards made |
| R A Hextall | 100,351 |
| C E L Philipps | 137,481 |
| Other PDMRs | Shares over which awards made |
| A Grant | 42,335 |
| D J Harris | 47,559 |
| J le T Illingworth | 47,039 |
| A Luberichs | 37,631 |
| F Martinache | 16,226 |
Long Term Incentive Plan awards
|
Directors | Shares over which awards made | |
| B D Carpenter | 62,092 | |
| R A Hextall | 100,351 | |
| C E L Philipps | 137,481 | |
|
| Shares over which awards made | |
| Other PDMRs
S C W Beale | 56,447 | |
| A Grant | 42,335 | |
| D J Harris | 47,559 | |
| J le T Illingworth | 47,039 | |
| A Luberichs | 37,631 | |
| F Martinache | 16,226 | |
| R Wyatt | 30,665 |
The resultant interests of Directors of Amlin plc, including these awards and taking account of exercises up to and including 14 March 2011, are as follows:
| Total shares | Total | ||||
| under option | shareholding | ||||
|
| |||||
| B D Carpenter | 233,899 | 380,221 | |||
| R A Hextall | 804,760 | 164,993 | |||
| C E L Philipps | 1,277,045 | 588,805 |
Shares under option include PSP, LTIP and (where applicable) any other options held. Total shareholdings include shares held in the Company's Share Incentive Plan.
Enquiries:
Charles Pender020 7746 1000Group Company SecretaryAmlin plc
Copyright Business Wire 2011
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