31st Mar 2008 16:44
Homeserve Plc31 March 2008 Award of Shares under the Long Term Incentive Plan It is announced that on 31 March 2008 an award was made to Jonathan Simpson-Dentof 15,732 ordinary shares of 12.5p each under the Homeserve plc Long TermIncentive Plan. Mr Simpson-Dent is a Director of Homeserve plc. The shares have been awarded as a nil cost option and will only vest in full ifstretching performance targets in respect of comparative total shareholderreturn ('TSR') are met over the 3 year period to 31 March 2011. The Company'sTSR will be measured against the TSR performance of the constituents of the FTSE350 Index (excluding investment trusts). In addition, the shares will only vestif the Remuneration Committee is satisfied that there has been a sustainedimprovement in the underlying financial performance of the Company. This willbe evidenced by an appropriate increase in earnings per share. 31 March 2008 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HSV.L