2nd Sep 2009 15:46
Catlin Group Limited
2 September 2009
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
It is announced that an award of options over Catlin Group Limited's (the "Company") common shares of $0.01 each ("Common Shares") was made on 1 September 2009 pursuant to the Company's Performance Share Plan as follows:
|
Name |
Status |
Number ofCommonShares covered by award |
|
Benjamin Meuli |
Director |
213,270 |
Up to 50% of the award will vest in each of 2012 and 2013, but only to the extent that the performance conditions set forth in the Performance Share Plan are achieved.
No consideration was payable upon grant of the award or will be payable upon the exercise of any vested options.
This announcement is made in accordance with Disclosure and Transparency Rule 3.1.4 R (1)(a).
Related Shares:
Castelnau Group