7th Apr 2006 07:00
Cookson Group PLC07 April 2006 7 April 2006 Directors' Interests Cookson Group plc In accordance with the rules of the Cookson Group Long-Term Incentive Plan (the"Plan") the executive Directors of Cookson Group plc have received their annualallocations of Performance Shares. In addition, Nick Salmon, Chief Executive,and Mike Butterworth, Group Finance Director, have both chosen to invest inCookson shares and as a result have received allocations of Matching Shares,also under the terms of the Plan. Performance Shares were allocated to executive Directors on 6 April 2006, basedupon the mid-market closing price for shares in Cookson Group plc on 5 April2006, of 553.25 pence. Director Performance SharesN R Salmon 86,308M G Butterworth 46,543 In accordance with the rules of the Plan, the executive Directors have thepossibility to invest all or part of their Annual Incentive in shares in theCompany in return for which they would be granted an award of shares ("MatchingShares"). In this regard Mr Salmon purchased 37,180 shares and Mr Butterworthpurchased 12,202 shares. Details of these purchases were announced earliertoday. As a result of these investments in Company shares, Messrs Salmon andButterworth were yesterday allocated 141,991 and 46,600 Matching Sharesrespectively. Awards of Performance and Matching Shares under the Plan will normally vest onor shortly after the third anniversary of the award date. The proportion of anaward that vests will be subject to the attainment of certain performanceconditions relating to the performance of the Company over the three financialyears to which the award relates. As a result of the above, the revised interests of the respective Directors inthe shares of Cookson Group plc are as follows:- Director Existing Performance Existing Matching 2006 allocation 2006 allocation Total Total Allocation Shares allocated Shares allocated of Performance of Matching Allocation of of Matching under the Long-Term under the Shares under the Shares under the Performance Shares Incentive Plan Long-Term Long-Term Long-Term Shares Incentive Plan Incentive Plan Incentive PlanN R Salmon 156,705 57,964 86,308 141,991 243,013 199,955M G Butterworth 40,636 - 46,543 46,600 87,179 46,600 Director Current ShareholdingsN R Salmon 52,458M G Butterworth 18,202 Cookson Group plc265 StrandLondon WC2R 1DBTel: +44 (0) 20 7061 6500Fax: +44 (0) 20 7061 6600Web: www.cooksongroup.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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