28th Jul 2014 14:16
On 25 July 2014, the Company was notified that awards had been granted to Jeremy Darroch and Andrew Griffith, Chief Executive Officer and Chief Financial Officer respectively (together, the 'Executive Directors'), under the Company's Long Term Incentive Plan, over the following number of ordinary shares of 50 pence each in the capital of the Company, at nil-cost per share:
Jeremy Darroch 600,000
Andrew Griffith 350,000
The awards will vest on 25 July 2017, subject to the achievement of performance targets in respect of average earnings per share growth, operating cash flow, revenue growth and total shareholder return. The closing share price on the date of grant was 874.5 pence per share.
These transactions took place in London.
The beneficial interests of the Executive Directors in the Company following this notification are:
Jeremy Darroch 411,695
Andrew Griffith 117,903
Contacts:
Investor Relations:
Ed Steel
Head of Investor Relations
020 7032 2093
Corporate Communications:
Alice Macandrew
Director of Corporate Communications
020 7032 4256
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