1st Oct 2008 16:37
AMEC plc
1 October 2008
Announcement of transactions of a director in ordinary shares of 50 pence each pursuant to Disclosure Rule 3.1.4 The Company announces that on 30 September 2008 it was notified of transactions in its ordinary shares ("Shares") of 50 pence each as follows.
The conditional award ("Award") listed below was granted for no consideration under the Transformation Incentive Plan (the "Plan") on 30 September 2008. Under the Plan, participants are invited to lodge Shares beneficially owned by them ("Investment Shares"), and are granted an Award over additional shares in the Company based on the number of Investment Shares which have been, or are intended to be, lodged.
Name |
Number of Investment Shares lodged |
Number of shares subject to Award |
Vesting date* |
Name |
Number of Investment Shares lodged |
Number of shares subject to Award |
Vesting date* |
Mr Ian McHoul |
51,340 |
205,360 |
22 September 2011 |
* The normal vesting date is the third anniversary of the date on which the Investment Shares are lodged.
The Investment Shares had been purchased by Mr McHoul prior to his appointment as a director on 8 September 2008 and following this transaction, Mr McHoul now holds 60,388 Shares, in addition to the conditional awards of 120,643 Shares and 205,360 Shares respectively pursuant to the Company's Performance Share Plan 2002 and the Plan referred to above.
This announcement is made following notifications under Disclosure Rule 3.1.2
C L Fidler
Assistant Company Secretary
1 October 2008
Related Shares:
AMFW.L