18th Oct 2016 07:00
18 October 2016
Next Fifteen Communications Group plc(“Next 15” or the “Company”)
Director/PDMR Shareholdings
Next 15 announces that on 17 October 2016 the following awards of performance shares were made under the Company’s share plans:
| Name | Plan | Number of sharessubject to the award | ||||
| Tim Dyson | Long-Term Incentive Plan 2015 | 195,864 | ||||
| Share Award Agreement | 29,136 | |||||
| Peter Harris | Long-Term Incentive Plan 2015 | 83,974 | ||||
| Share Award Agreement | 141,026 | |||||
The awards under both plans are expected to vest in April 2020, if certain performance conditions are met. The performance conditions for both the Long-Term Incentive Plan 2015 (approved) and the Share Award Agreement (unapproved) are based on an adjusted earnings-per-share measure and a range of strategic KPI measures over a period of four consecutive financial years, commencing with the current financial year. Further details of the performance conditions for both share plans will be available in the Company’s annual report and accounts for the year ending 31 January 2017.
No consideration is payable on the grant or vesting of the awards.
| Enquiries: | |||||||
| Next Fifteen Communications Group plc | |||||||
| Nick Lee Morrison, General Counsel & Company Secretary | +44 (0) 20 7908 6444 | ||||||
| Investec Bank plc | +44 (0) 20 7597 4000 | ||||||
| Keith Anderson / Matt Lewis / Dominic Emery |
View source version on businesswire.com: http://www.businesswire.com/news/home/20161017006546/en/
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