10th Mar 2006 14:36
Go-Ahead Group PLC10 March 2006 THE GO-AHEAD GROUP PLC Awards under LTIP The Company announces that, under the terms of The Go-Ahead Group plc Long-TermIncentive Plan 2005 ("the Plan"), the following executive directors wereyesterday granted awards by Hill Samuel Offshore Trust Company Limited, trusteesof the Go-Ahead Employee Share Trust (1999), to acquire ordinary shares of 10pence in the Company as follows: - Christopher Moves - 23,351; Ian Butcher - 20,571, and Keith Ludeman - 17,791 The awards will vest only if the performance targets set out in the Planapproved by shareholders at the extraordinary general meeting on 27 October 2005are achieved over a performance period commencing with the start of the 2005/6financial period and ending with the end of the 2007/8 financial period. The participating directors will, following the end of the performance period,be notified as to the extent to which the performance conditions have been metand their awards have vested. They will then, provided that they continue toremain directors or employees of the company, have up to six months following 9March 2009 (the third anniversary of the date on which the awards were granted)in which to secure the release of the ordinary shares. Awards will be satisfiedby the transfer of existing shares. Name of contact and telephone number for queries: IP Butcher Tel. No. 0191 2323123. Name of signature of authorised company official responsible for making this notification I P BucherDirector. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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