1st Jul 2009 15:33
Electrocomponents Plc
Directors' Dealing - Long Term Incentive Plan ('LTIP') Award
Electrocomponents Plc (the 'Company') announces that the following conditional award of ordinary shares of 10p each in the Company ('Shares') was made to the Executive Directors of the Company under the Company's LTIP on 30 June 2009:
Ian Mason (Group Chief Executive) 386,165 Shares
Simon Boddie (Group Finance Director) 193,082 Shares
No consideration is payable for the Shares. Vesting of the Shares will normally take place at the third anniversary of the award date. The proportion of an award that vests will be subject to the satisfaction of a performance condition, as detailed in the Annual Report.
Ian Haslegrave
Company Secretary
30 June 2009
Electrocomponents plc
International Management Centre
8050 Oxford Business Park North
Oxford OX4 2HW
Tel: +44 (0)1865 204000
Fax: +44 (0)1865 207400
www.electrocomponents.com
Related Shares:
ECM.L