17th Jun 2011 15:23
17 June 2011
Synergy Health PLC ("Synergy" or "the Company")
The Company was today notified that on 17 June 2011 Gavin Hill, Finance Director, purchased 4,000 ordinary shares of 0.625p each in the Company ("Ordinary Shares") at an average price of 904.80 pence per share, and has allocated these shares to the LTIP Co-Invest scheme. As such, Gavin Hill has been awarded 8,000 LTIP Co-Invest options. Following this transaction, Mr. Hill has an interest in 20,300 Ordinary Shares, representing 0.04% of the Company's issued share capital.
The LTIP Co-Invest arrangement requires that the participant to whom the award is to be made invests in Ordinary Shares in the Company and continues to hold those Ordinary Shares throughout the three year measurement period. At the end of the measurement period, depending upon the growth in earnings per share of the Company over the measurement period, the participant will receive a number of "matching" shares at nominal value under the LTIP Co-Invest.
Enquiries
Tim Mason
Company Secretary
01793 891862
Related Shares:
SYR.L