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Employee Incentive Arrangement

16th Mar 2011 07:00

RNS Number : 0182D
Impax Asset Management Group plc
16 March 2011
 



16 March 2011

Impax Asset Management Group plc

 

(the 'Company')

 

 

Fulfilment of Performance Target re Employee Incentive Arrangement

 

Impax Asset Management Group plc today announces that the Company performance target in relation to its Employee Incentive Arrangement has been successfully achieved for the financial year ended 30th September 2010.

Accordingly, and in the light of its assessment of individuals' performance, the Company's Remuneration Committee is shortly expected to grant awards in respect of 18.25 million of the Company's ordinary shares to certain of the Company's management and employees. A further announcement will be made confirming the granting of awards in due course. 

 

 

Enquiries:

 

Impax Asset Management

Group plc

 

Ian Simm, Chief Executive

020 7434 1122

 

Keith Falconer, Chairman

 

 

Execution Noble & Company Limited

 

John Riddell / Harry Stockdale

0207 456 9191

 

 

 

MHP Communications Limited

 

Gay Collins

0203 128 8582

[email protected]

 

Shona Prendergast 

0203 128 8584

[email protected]

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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