30th Mar 2006 18:03
RPS Group PLC30 March 2006 RPS Group Plc announces that the Remuneration Committee has granted thefollowing nil cost share awards under the RPS Group Plc Long-Term Incentive Plan("LTIP") to the Executive Directors. Awards were made on 30th March 2006 at a price of £1.84 per ordinary shares asfollows: Executive LTIP Award as Share Price Face Value of Number of SharesDirector %age of Salary on Grant LTIP Awards subject to LTIP Awards Dr Alan Hearne 80% £1.84 £268,000 145,652 Peter Dowen 60% £1.84 £126,000 68,478Andrew Troup 60% £1.84 £111,000 60,326Phil Williams 60% £1.84 £105,000 57,065 Gary Young 60% £1.84 £102,000 55,434 The shares subject to the LTIP awards will only be released to the ExecutiveDirectors in three years time subject to their continued employment and thesatisfaction of the earnings per share growth targets. 12.5% of shares will bereleased for eps growth of 3% per annum over RPI, with a full release onlyoccurring for eps growth per annum over RPI of 10% or above. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RPS.L