5th Dec 2016 15:42
FULLER SMITH & TURNER PLC - Director/PDMR ShareholdingFULLER SMITH & TURNER PLC - Director/PDMR Shareholding
PR Newswire
London, December 5
Fuller, Smith & Turner P.L.C.
Long Term Incentive Plan
At its meeting on 2nd December 2016, the Remuneration Committee confirmed a notifiable award under the Company’s Long Term Incentive Plan (“LTIP”) to Simon Dodd who was appointed as a Director of the Company earlier this year.
The award is over a combination of both 40p ‘A’ ordinary and 4p ‘B’ ordinary shares.
The calculation of the awards was based on the share price as at 1st December 2016, being £9.79 for ‘A’ shares and £0.979 (notionally) for ‘B’ shares.
An award amounts to a contractual right to acquire an interest in shares, provided the director remains an employee at the third anniversary of the grant (the normal vesting date), and only to the extent that the performance condition attached to the scheme is met. These criteria are based on a sliding scale which may result in less than the full award vesting.
| NAME OF DIRECTOR/OR PDMR | NO OF A SHARES GRANTED (80%) | NO OF B SHARES GRANTED (20%) | NO OF ‘A’ SHARES AS A % OF ISSUED CLASS | NO OF ‘B’ SHARES AS A % OF ISSUED CLASS | |
| Simon Dodd | 8,089 | 20,224 | 0.02% | 0.02% |
Enquiries: Séverine Garnham, Company Secretary – 020 8996 2073
Related Shares:
Fuller Smith & Turner