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Director/PDMR Shareholding

21st May 2010 16:33

RNS Number : 3757M
Management Consulting Group PLC
21 May 2010
 



MANAGEMENT CONSULTING GROUP PLC

 

Notification of Transactions of Directors/PDMRs

 

 

This notification is made pursuant to DTR 3.1.4(R)(1)(a).

 

On 20 May 2010, Nicholas Stagg received conditional rights to acquire 3,000,000 ordinary shares of 1 penny each in the Company ("Shares") in connection with his recruitment as Chief Executive of the Company.

 

The awards comprised awards under the Company's 2008 Performance Share Plan (the "Plan") and additional awards on identical terms (made in accordance with Listing Rule 9.4.2R(2)).

 

The awards shall ordinarily vest on the 20 May 2013 subject to Mr Stagg's continued employment and the achievement of absolute total shareholder return growth targets.

 

No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards. Mr Stagg notified the Company of the awards described above on the 20 May 2010.

 

 

Name of contact and telephone number for enquiries:

Charles Ansley Tel: 020 7710 5000

21 May 2010

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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