13th Apr 2007 11:57
Havelock Europa PLC13 April 2007 13 April 2007 Havelock Europa PLC Disclosure of Directors interest in shares Havelock Europa plc announces that under the Long Ten Incentive Plan 2006, the Remuneration Committee has made the following conditional awards of shares to the Executive Directors of the Group: HEO Balfour 107,106 ordinary shares of 10 pence eachR Lowery 85,028 ordinary shares of 10 pence eachGM Findlay 74,012 ordinary shares of 10 pence each These awards will vest after the preliminary announcement of results for theyear to 31 December 2009 at nil cost based on the rules of the scheme dependenton the achievement of targets in relation to Earnings Per Share ("EPS") andReturn on Capital Employed (RoCE) during the performance period which is thethree financial years commencing 1 January 2007. Each award comprises an EPSelement representing 50% of the award and a RoCE element representing thebalance. Contact details: Grant Findlay 01383 820044 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Havelock Europa