10th Jun 2013 07:00
Vectura Group plc ("the Company")
Directors awards under Long-term Incentive Plan
Chippenham, UK, 10 June 2013 - Vectura Group plc (LSE: VEC) announces that, under the Company's Long-Term Incentive Plan, awards of options over the Company's ordinary shares with a nominal value of 0.025p each were granted on 7 June 2013 to the Executive Directors and certain senior managers. The options awarded to the Executive Directors of the Company were as follows:
Executive Director | No of shares under option | Exercise price | % of Issued Share Capital
|
Chris Blackwell | 458,110 | 0.025 pence | 0.14% |
Trevor Phillips | 611,246 | 0.025 pence | 0.18% |
This award was calculated using a share price of 81.0p, being the closing mid-market price on the preceding dealing day. The options are exercisable three years after the date of grant provided that certain pre-defined performance conditions are met.
Enquiries:
Vectura Group plc Chris Blackwell, Chief Executive Paul Oliver, Financial Controller | +44 (0)1249 667 700 |
Related Shares:
VEC.L