18th Jul 2008 10:35
Tawa plc
18 July 2008
Director/PDMR Shareholding
Tawa plc ('the Company') announces that on 17 July 2008 it made a grant of awards over the Company's Ordinary Shares of 10p each ('the Shares') under the Tawa 2007 Deferred Share Bonus Plan ('the Plan') to its executive directors as detailed in the table below.
Name Role Number of shares Total number of
subject to awards awards now held
under the Plan under the Plan
Gilles Erulin Chief Executive Officer 60,345 60,345
Colin Bird Chief Financial Officer 25,000 25,000
David Vaughan Chief Operating Officer 37,931 37,931
One half of awards granted under the Plan vest on the first anniversary of the date of grant and the other half vests on the second anniversary of the date of grant. No consideration is payable for the grant of the awards and the receipt of the Shares is conditional upon the recipient being either an employee or director within the Company's group on the vesting date.
The notification of these awards is made pursuant to AIM Rule 17 and Schedule 5 to the AIM Rules for Companies.
Enquiries:
|
Gilles Erulin, Chief Executive Tawa plc |
020 7068 8000 |
|
James Britton or Guy Wiehahn KBC Peel Hunt (nominated adviser and broker) |
020 7418 8900 |
Related Shares:
ACH.L