19th Sep 2007 14:03
DSG International PLC19 September 2007 On 19 September 2007 the Company was notified that the following award wasgranted over ordinary shares of 2.5 pence each (Shares) in the Company to KevinO'Byrne, a director of the Company on that date pursuant to the Company's LongTerm Incentive Plan. The number of Shares which will be released at the vestingdate, 25 June 2010, will depend upon the extent to which the performancecondition applicable to these awards is satisfied over the performance period ofthree financial years commencing 29 April 2007. The performance condition ismeasured in terms of the Total Shareholder Return (TSR) achieved by the Companyover the performance period. For TSR performance below the median no Shares willvest, at median performance 40% of the award will vest and at the upper quartile100% of the award will vest. A sliding scale applies for performance between themedian and upper quartile. Name of Maximum number of Shares Price paid for the Price payable ondirector/PDMR subject to the award award (p) release (p) Kevin O'Byrne 146,609 Nil Nil This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DXNS.L