4th Apr 2011 16:36
Trinity Mirror plc
4 April 2011
Trinity Mirror plc (the "Company")
The independent trustee (the "Trustee") of the Trinity Mirror Employees' Benefit Trust based in Jersey (the "Trust") notified the Company today that on 31 March 2011 it had granted Performance Share Awards under the Trinity Mirror Long Term Incentive Plan ("LTIP") and Deferred Share Awards under the Trinity Mirror Deferred Share Award Plan ("DSAP") to acquire ordinary shares in the capital of Trinity Mirror plc in the form of nil-cost options to Persons Discharging Managerial Responsibility ("PDMR") within Trinity Mirror plc listed below.
The awards under the LTIP are normally exercisable from the third anniversary of their date of grant for a period of six months and, subject to the satisfaction of conditions relating to the performance of the Company over the three financial years to which an award relates.
The awards under the DSAP are normally exercisable from the third anniversary of their date of grant for a period of six months.
The total exercise price payable on any exercise of a LTIP or DSAP award is £1. Nothing is paid for the grant of either awards.
PDMR | Number of Shares - Performance Share Award | Number of Shares - Deferred Share Award |
Sly Bailey | 761,905 | 502,857 |
Vijay Vaghela | 327,619 | 262,095 |
Paul Vickers | 285,714 | 171,429 |
Nick Fullagar | 72,762 | 77,613 |
Georgina Harvey | 165,079 | 125,714 |
Mark Hollinshead | 165,079 | 130,000 |
Rupert Middleton | 116,825 | 105,143 |
Tony Pusey | 114,286 | 102,857 |
Further Information:
Paul Vickers
Secretary
Trinity Mirror plc
One Canada Square
London E14 5AP
Related Shares:
Reach Plc