4th Dec 2012 15:46
STV Group plc
Grant of Awards under LTIP
STV Group plc (the "Company") announces that on 12 November 2012 the Remuneration Committee granted the following conditional nil cost share awards ("Awards") to the Executive Directors under the STV Group plc 2009 Long-Term Incentive Plan (the "LTIP") which was approved by the Shareholders of the Company at a general meeting held on 22 April 2009.
In accordance with the rules of the LTIP, Awards were granted to Executive Directors on 12 November 2012 as follows:
Executive Director | Number of Ordinary Shares subject to the LTIP Award |
Rob Woodward | 84,463 |
George Watt | 48,630 |
The shares subject to the Awards will vest immediately and can be exercised until the 7th anniversary of the date of grant. The Awards are not subject to any other performance conditions.
Jane E A Tames
Company Secretary
STV Group plc
0141 300 3074
4 December 2012
Related Shares:
Stvg