21st Dec 2007 09:42
Innovation Group PLC21 December 2007 21 December 2007 THE INNOVATION GROUP PLC Notification of Transactions of Directors and Persons Discharging Managerial Responsibility or Connected Persons On 20 December 2007 a conditional award of ordinary shares of 2 pence each('Ordinary Shares') was made under the The Innovation Group plc GlobalManagement Incentive Plan (the 'Plan"), as detailed below: Name Number of Percentage Ordinary Shares of share capital Paul HemsleyGroup Finance Director 1,000,000 0.16% The award will ordinarily vest in tranches on the third, fourth and fifthanniversary of 15th March 2007 subject to the rules of the Plan, continuedemployment and to the extent earnings per share targets and a total shareholderreturn underpin are satisfied. No consideration was paid for the grant of the award and no consideration is dueon the vesting on the award. The Company was informed by Paul Hemsley, as an executive director of theCompany, of the above transaction on 20 December 2007. This notification is made in accordance with rule 3.1.4R of the UKLA'sDisclosure and Transparency Rules. Enquiries: The Innovation Group plc 01489 898300Hassan Sadiq, Chief Executive Officer This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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