31st Mar 2009 15:35
RNS Number : 8349P
RPS Group PLC
31 March 2009
For Immediate Release 31 March 2009
RPS Group plc (the "Company") Release of Awards to Senior Executives under the LTIP
RPS Group plc announces the release of conditional share awards granted on 30 March 2006 under the RPS Group plc Long-Term Incentive Plan (the "LTIP").
In accordance with the rules of the LTIP and based on the Company achieving average basic earnings per share growth of a minimum of 10% p.a. over a three year holding period, 100% of the shares subject to the awards have been released. As a consequence on 30 March 2009 the following Executive Directors became the legal and beneficial owners of the following number of ordinary shares of the Company:
|
Executive
|
Number of Ordinary Shares
|
|
Peter Dowen
|
68,478
|
|
Dr Alan Heame
|
145,652
|
|
Andrew Troup
|
60,326
|
|
Philip Williams
|
57,065
|
|
Gary Young
|
55,434
|
The Executive Directors sold the number of ordinary shares of the Company set out against their names at a price of 146.59p per share and decided to pay the tax due on release from the sale proceeds.
|
Executive
|
Number of Ordinary Shares
|
|
Peter Dowen
|
68,478
|
|
Dr Alan Heame
|
145,652
|
|
Andrew Troup
Phil Williams
|
60,326
24,078
|
|
Gary Young
|
23,525
|
Nicholas Rowe
Secretary
RPS Group Plc
01235 438016
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
RPS.L