2nd Jul 2015 15:09
HomeServe plc
Vesting of Awards under the
HomeServe 2008 Long Term Incentive Plan (the 'LTIP')
Tom Rusin, a PDMR, has acquired shares following the vesting of shares under the LTIP.
Awards were granted on 27 June 2012 and were subject to a performance condition relating to comparative total shareholder return. The awards were subject to a three year performance period. This period has now ended, the performance condition has been assessed and awards have vested in full.
Mr Rusin held a performance award over 190,095 ordinary shares and a matching award over 83,488 ordinary shares. Both awards were structured as conditional share awards.
The shares were acquired on 1 July 2015 and Mr Rusin sold 133,432 shares immediately at a price of £4.36.
Mr Rusin now holds 227,032 ordinary shares (0.07% of the issued share capital).
2 July 2015
Related Shares:
HSV.L