5th Sep 2014 12:08
BG GRoup plc
Notification of Interests in Shares
BG Group plc (the Company) has today received notification that the following Director and PDMR, on 4 September 2014, were each granted the following Performance Share Awards (Awards) in the form of nil cost options to acquire ordinary shares of 10p each in the Company (Shares), in accordance with the rules of the Long Term Incentive Plan (LTIP).
Full details of the Awards are set out in the table below.
Number of Shares awarded under Performance Share Award | Market price on the date of Award | |
Director | ||
Simon Lowth | 272,126 | £12.33 |
PDMR | ||
Sami Iskander | 221,079 | £12.33 |
Under normal circumstances, the Awards will vest and become exercisable at the conclusion of the three-year vesting period which commenced on 4 September 2014.
Performance Share Awards vest subject to the achievement of specified performance criteria over the three-year vesting period.
Once vested, 100% of the vested Shares net of tax will be held in trust on their behalf for a further two years.
This announcement is made pursuant to DTR 3.1.4.
5 September 2014
Website www.bg-group.com
Related Shares:
BG..L