4th Apr 2007 09:14
Cookson Group PLC04 April 2007 4 April 2007 Directors' Interests Cookson Group plc In accordance with the rules of the Cookson Group Long-Term Incentive Plan (the"Plan") the executive Directors of Cookson Group plc have received their annualallocations of Performance Shares. In addition, Nick Salmon, Chief Executive,and Mike Butterworth, Group Finance Director, have both chosen to invest inCookson shares and as a result have received allocations of Matching Shares. Performance Shares were allocated to executive Directors on 3 April 2007, basedupon the mid-market closing price for shares in Cookson Group plc ("the Company") on 2 April 2007, of 623 pence. The allocations are as follows: Director Performance SharesN R Salmon 78,972M G Butterworth 45,746 In accordance with the rules of the Plan, the executive Directors are eligibleto invest all or part of their Annual Incentive payment in shares in the Companyin return for which they would be granted an award of shares ("Matching Shares"). In this regard Mr Salmon purchased 39,355 shares and Mr Butterworthpurchased 15,742 shares. Details of these purchases were announced on 26 March2007. As a result of these investments in Company shares, Messrs Salmon andButterworth were yesterday allocated 153,032 and 61,212 Matching Sharesrespectively. Awards of Performance and Matching Shares under the Plan will normally vest onor shortly after the third anniversary of the award date. The proportion of anaward that vests will be subject to the attainment of certain performanceconditions relating to the performance of the Company over the three financialyears to which the award relates, as detailed in the 2006 Annual Report. As a result of the above, the revised interests of the executive Directors inthe shares of the Company are as follows:- Director Existing Performance Existing Matching 2007 allocation 2007 allocation Total Total Allocation Shares allocated Shares allocated of Performance of Matching Allocation of of Matching under the Long-Term under the Shares under the Shares under the Performance Shares Incentive Plan Long-Term Long-Term Long-Term Shares Incentive Plan Incentive Plan Incentive PlanN R Salmon 243,013 199,685 78,972 153,032 321,985 352,717M G Butterworth 87,179 46,600 45,746 61,212 132,925 107,812 Director Current ShareholdingsN R Salmon 93,777M G Butterworth 36,189 Cookson Group plc165 Fleet StreetLondon EC4A 2AETel: +44 (0) 20 7822 0000Fax: +44 (0) 20 7822 0100Web: www.cooksongroup.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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