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Grant of awards under LTIP

18th Dec 2013 12:45

RNS Number : 8713V
Infinis Energy plc
18 December 2013
 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Please complete all relevant boxes in block capital letters.

1.

Name of the issuer

INFINIS ENERGY PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code

DTR 3.1.2 R

 

3.

Name of person discharging managerial responsibilities/director.

ERIC MACHIELS

GORDON BOYD

STEVEN HARDMAN

STEWART GIBBINS

SIMON HEYES

PAUL GREGSON

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

N/A

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

N/A

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8.

State the nature of the transaction

 

N/A

9.

Number of shares, debentures or financial instruments relating to shares acquired

N/A

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11.

Number of shares, debentures or financial instruments relating to shares disposed

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

 

13.

Price per share or value of transaction

N/A

14.

Date and place of transaction

N/A

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

N/A

16.

Date issuer informed of transaction

N/A

 

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17

Date of grant

17 DECEMBER 2013

18.

Period during which or date on which exercisable

17 DECEMBER 2016

19.

Total amount paid (if any) for grant of the option

N/A

20.

Description of shares or debentures involved (class and number)

CONDITIONAL AWARDS OF THE FOLLOWING NUMBERS OF ORDINARY SHARES HAVE BEEN GRANTED TO THE PERSONS LISTED BELOW UNDER THE ISSUER'S LONG TERM INCENTIVE PLAN.

ERIC MACHIELS - 220,673

GORDON BOYD - 173,076

STEVEN HARDMAN - 181,834

STEWART GIBBINS - 86,538

SIMON HEYES - 82,651

PAUL GREGSON - 54,216

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

Nil

22.

Total number of shares or debentures over which options held following notification

ERIC MACHIELS - 220,673

GORDON BOYD - 173,076

STEVEN HARDMAN - 181,834

STEWART GIBBINS - 86,538

SIMON HEYES - 82,651

PAUL GREGSON - 54,216

 

 

 

23.

Any additional information

THIS NOTIFICATION IS IN RESPECT OF THE CONDITIONAL AWARD OF SHARES UNDER THE ISSUER'S LONG TERM INCENTIVE PLAN. ANY VESTING OF THE AWARDS IS SUBJECT TO PERFORMANCE CONDITIONS BASED ON TOTAL SHAREHOLDER RETURN AND THE ISSUER'S PERFORMANCE RELATIVE TO THE FTSE 250.

24.

Name of contact and telephone number for queries

SAMANTHA CALDER (COMPANY SECRETARY)

01604 662449

 

Name of authorised officer of issuer responsible for making notification

SAMANTHA CALDER, COMPANY SECRETARY

Date of notification: 18 DECEMBER 2013

 

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