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Director/PDMR Shareholding

21st Jun 2016 16:42

RNS Number : 8748B
Tarsus Group PLC
21 June 2016
 

Tarsus Group plc

 

21 June 2016

 

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

 

Awards under the Tarsus Group plc 2016 Executive Retention Plan (the "ERP")

 

Tarsus Group plc ("Tarsus" or the "Company") has today received notification from the following Directors that on 21 June 2016 they were granted awards in the form of nil cost options over ordinary shares of 5p each ("Shares") under the rules of the ERP.

 

Name

Total number of Shares awarded on 21 June 2016

Total number of Share options held under all Tarsus Group plc share related plans after this award

Douglas Emslie

1,000,000

2,145,341

Dan O'Brien

330,000

782,493

 

Under normal circumstances the awards will vest and become exercisable five years following the date of grant. Once vested, the awards may be exercised at any time up to the tenth anniversary of the date of grant. Vesting is conditional upon the achievement of specified performance conditions over the five year performance period. No consideration was paid for the awards.

 

 

 

Simon Smith

Group Company Secretary

Tarsus Group plc

 

+44 (0) 20 8846 2700

+353 (0) 1234 3705

 

www.tarsus-group.com

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