20th Dec 2006 15:04
Morgan Crucible Co PLC20 December 2006 THE MORGAN CRUCIBLE COMPANY PLC - AWARDS UNDER THE LONG TERM INCENTIVE PLAN ("LTIP") In accordance with the terms of the LTIP, the Company made provisional awards ofshares on 20th December 2006 to the Directors set out below. There is a range inthe number of shares that could vest with such persons dependent on twoperformance criteria. Firstly on the Company's total shareholder return ("TSR")compared with the TSR of companies in the FTSE 350 Index over a three yearperformance period. Secondly subject to there having been an improvement in theunderlying financial performance of the Company. Director Maximum Number of Ordinary Shares Vesting Date Mr Mark Robertshaw 50,000 20/12/09 Vesting Date Mr Kevin Dangerfield Maximum Number of Ordinary Shares 20/12/09 107,500 Total Share Interests held under the LTIP for each of the above personsfollowing this notification are as follows; Mr Mark Robertshaw 807,911Mr Kevin Dangerfield 308,244 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Morgan Advanced Materials