31st Dec 2008 11:24
ABERDEEN ASSET MANAGEMENT PLC
Aberdeen Asset Management PLC ("the Company") announces that further to the information provided in the 2008 Annual Report and Accounts, Martin Gilbert, Andrew Laing and Bill
Rattray were awarded 1,811,166, 237,531 and 237,531 ordinary shares of 10 pence each in the Company, respectively on 29 December 2008 under the Company's Deferred Share Award Plan. These awards represent an element of the Directors' annual bonuses earned under the annual bonus scheme for 2008 which was more fully reported in the 2008 Annual Report and Accounts and will vest in three equal tranches in December 2009, December 2010 and December 2011 subject to the Directors' remaining employed by the Company at the date of vesting. These awards, calculated at a price of 84.2 pence were recommended by the Remuneration Committee on 27 November 2008. The Company was subsequently notified of the approval of these awards by the Trustees of the Company's Employee Benefit Trust on 30 December 2008.
In addition, following the satisfaction of all the performance criteria on shares issued in 2005 under the Company's Long Term Incentive Plan (the "Plan"), absolute ownership of ordinary shares of 10p per share of the Company awarded under the Plan passed for no incremental consideration to the following Executive Directors on 17 December 2008:
Director: Number of shares
Martin James Gilbert 925,000
Andrew Arthur Laing 94,000
William John Rattray 82,000
The holdings for each of the Executive Directors remains as follows:
Director: Number of shares
Martin James Gilbert 8,619,971
Andrew Arthur Laing 992,724
William John Rattray 2,244,463
END
For further information, please contact:
|
Maitland |
020 7379 5151 |
|
Neil Bennett |
Related Shares:
ADN.L