19th Mar 2010 17:18
19 March 2010
Cape PLC ("Cape" or the "Company") (AIM: CIU)
Directors' dealings - PSP awards
PERFORMANCE SHARE PLAN AWARDS
The Company announces that on 17 March 2010 the following Executive Directors were granted conditional nil-cost awards over the Company's ordinary shares of 25 pence each under the Cape plc 2007 Performance Share Plan:
|
Director |
Number of shares covered by award and % of issued capital |
Total number of shares over which awards are held, and % of issued capital following this notification |
Martin May 243,455 (0.21%) 1,737,412 (1.50%)
Richard Bingham 123,691 (0.11%) 612,403 (0.53%)
Subject to certain performance conditions being met, the awards will vest on a sliding scale basis on the third anniversary of the date of grant. Such awards which do not vest due to the performance conditions not being met will lapse.
Enquiries:
Cape PLC Jeremy Gorman, Company Secretary
Tel: +44 (0)20 7395 0027
Numis Securities Limited Nominated Adviser: John Harrison, Managing Director Corporate Finance Corporate Broker: James Serjeant, Director Corporate Broking Tel. +44 (0)20 7260 1000
M: Communications Patrick d'Ancona or Ben Simons Tel. +44 (0)20 7153 1530
Related Shares:
CIU.L