7th Jan 2016 12:28
7 January 2016
Waterman Group plc
("Waterman" or "the Company")
Discretionary Share Award & Director Dealing
Waterman Group plc, a leading engineering and environmental consultancy, announces that on 6 January 2016, the Company effected a discretionary free award of 200 ordinary shares in the Company ("Ordinary Shares") to the Company's qualifying full time employees (with a pro-rated award being made to qualifying part time employees of Waterman) in recognition of their contribution to the Company's financial performance during its 2014/15 financial year (the "Award"). A total of 102,400 Ordinary Shares were awarded through the Company's HMRC compliant share incentive plan for nil consideration, and was effected by the market purchase of existing Ordinary Shares by the trustees of the share incentive plan. The Award was to over 500 qualifying full and part-time employees, including the following directors and senior executive (discharging managerial responsibilities in Waterman):
Director | No. of Ordinary Shares awarded | Total holding of Ordinary Shares | % of Issued Share Capital |
Nick Taylor | 200 | 178,778 | 0.581% |
Alex Steele | 200 | 1,120 | 0.003% |
Craig Beresford | 200 | 118,375 | 0.385% |
PDMR | No. of Ordinary Shares awarded | Total holding of Ordinary Shares | % of Issued Share Capital |
Neil Humphrey | 200 | 2,278 | 0.007% |
For further information, call:
Waterman Group plc
Graham Hiscocks, Company Secretary
020-7928-7888
www.watermangroup.com
N+1 Singer
Nick Owen / Sandy Fraser
020-7496-3000
Related Shares:
WTM.L