16th Apr 2013 14:42
Vesting of the 2010 Long Term Incentive Plan
Following the vesting on 15 April 2013 of the 2010 Long Term Incentive Plan, Rupert Soames, Angus Cockburn, Debajit Das and Asterios Satrazemis, Executive Directors of Aggreko, undertook the following transactions in ordinary shares in the Company:
Rupert Soames acquired a total of 98,715 ordinary shares under the Company's Long Term Incentive Plan, comprising 41,459 ordinary shares under the 2010 PSP and 57,256 ordinary shares under the 2010 CIP in each case for nil consideration.
Subsequently, Mr Soames sold 72,556 ordinary shares at 1782p per share, the majority of which were to satisfy the tax liability arising from the award. Following these transactions Mr Soames' beneficial ownership in the Company has increased by 26,159 shares to 333,759 ordinary shares (0.12% of the ordinary share capital).
Angus Cockburn acquired a total of 48,408 ordinary shares under the Company's Long Term Incentive Plan, comprising 17,413 ordinary shares under the 2010 PSP and 30,995 ordinary shares under the 2010 CIP in each case for nil consideration.
Subsequently, Mr Cockburn sold 35,580 ordinary shares at 1782p per share, the majority of which were to satisfy the tax liability arising from the award. Following these transactions Mr Cockburn's beneficial ownership in the Company has increased by 12,828 shares to 84,906 ordinary shares (0.03% of the ordinary share capital).
Debajit Das acquired a total of 20,272 ordinary shares under the Company's Long Term Incentive Plan, comprising 6,121 ordinary shares under the 2010 PSP and 14,151 ordinary shares under the 2010 CIP in each case for nil consideration.
Subsequently, Mr Das sold 4,054 ordinary shares at 1782p per share to satisfy the tax liability arising from the award. Following these transactions Mr Das' beneficial ownership in the Company has increased by 16,218 shares to 37,461 ordinary shares (0.01% of the ordinary share capital).
Asterios Satrazemis acquired a total of 27,045 ordinary shares under the Company's Long Term Incentive Plan, comprising 8,166 ordinary shares under the 2010 PSP and 18,879 ordinary shares under the 2010 CIP in each case for nil consideration.
Subsequently, Mr Satrazemis sold 7,397 ordinary shares at 1782p per share to satisfy the tax liability arising from the award. Following these transactions Mr Satrazemis' beneficial ownership in the Company has increased by 19,648 shares to 46,250 ordinary shares (0.02% of the ordinary share capital).
Peter Kennerley
Group Legal Director & Company Secretary
0141 225 5900
16 April 2013
Related Shares:
AGK.L