15th Sep 2009 15:33
15 September 2009
Pinewood Shepperton Plc
Release of Awards under the Pinewood Shepperton Plc Long-Term Incentive Plan
Pinewood Shepperton Plc (the "Company") announces the release of conditional share awards granted on 14 September 2006 and released on 14 September 2009 under the Pinewood Shepperton Plc Long-Term Incentive Plan to the executive directors as detailed in the table below.:-
|
Executive |
Number of Ordinary Shares |
|
Ivan Dunleavy |
39,994 |
|
Patrick Garner |
24,950 |
|
Nicholas Smith |
16,878 |
In accordance with the rules and the performance schedule, 50% of the award (Part 1 of the Award) is released based on the Company's total shareholder return performance against a selected comparator group and 50% (Part 2 of the Award) is released based on the Company's return on capital employed.
For Part 1 of the Award, executive directors have acquired 50.9% of shares subject to the award. No shares were released under Part 2 of the Award. As a consequence on 14 September 2009 the following executives became the legal and beneficial owners of the following numbers of ordinary shares of the Company at a price of 145 pence per ordinary share:
- ENDS -
Related Shares:
PWS.L