10th Aug 2011 07:00
Vectura Group plc ("the Company")
AWARDS UNDER SHARE INCENTIVE PLAN
Chippenham, UK, 10 August 2011: Vectura Group plc (LSE: VEC) today announces that under the Vectura Group plc Share Incentive Plan (an HMRC approved all-employee share purchase plan adopted by the Company's shareholders on 27 September 2006) (the "Plan"), an award of Free Shares was made on 9 August 2011 to all eligible employees included in the Plan at an effective price of 95.75p per share.
As a result of this award, Dr. C P Blackwell and Ms. A P Hyland, Executive Directors of the Company, have the following interests as a result of their personal participation in the Plan:
Free Shares awarded on 9 August 2011 at 95.75p per share | Total number of Free, Matching and Partnership Shares held in the Plan on 9 August 2011 | |
Dr. C P Blackwell | 3,133 | 43,115 |
Ms. A P Hyland | 3,133 | 43,115 |
The beneficial ownership of the 3,133 Free Shares awarded under the Plan will pass to the Executive Directors on 9 August 2014, subject to their continued employment.
Enquiries:
Vectura Group plc | Tel: 01249 667612 |
Anne Hyland | |
Chief Financial Officer and Company Secretary |
Related Shares:
VEC.L