16th Jun 2011 16:00
RNS Number : 5769I
UMECO PLC
16 June 2011
Chairman's Share Award Plan
Umeco plc announces that an award has been made to Neil Johnson under the Chairman's Share Award Plan, the terms of which were approved by shareholders at the Company's 2010 Annual General Meeting. The award is a matching share award over up to 300,000 shares. In order for these shares to vest both a share price condition and a TSR condition must be satisfied and he must continue to hold his own shareholding and generally remain appointed by the Company until 19 October 2012.
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