30th Mar 2011 16:28
Mulberry Group plc
Grants under Deferred Bonus Plan
Mulberry Group plc ("Mulberry" or the "Company") today granted deferred ordinary shares of 5 pence each in the Company (the "Ordinary Shares") under Mulberry's Deferred Bonus Plan at a price of 1,362 pence per Ordinary Share. These grants relate to bonus payments awarded to the Directors and key employees in respect of the Company's performance for the financial year ending 31st March 2011. The deferred Ordinary Shares, which are held within the Mulberry Group plc Employee Benefit Trust, will vest on 30th June 2013.
The total number of Ordinary Shares subject to these grants are as follows:
Deferred Ordinary Shares granted under Deferred Bonus Plan today | Total unvested deferred Ordinary Shares under Deferred Bonus Plan | |
Godfrey Davis | 5,037 | 43,935 |
Roger Mather | 7,196 | 39,104 |
Other key employees | 21,037 | 145,644 |
Total | 33,270 | 228,683 |
In addition to the grant of deferred Ordinary Shares under the Deferred Bonus Plan, a matching number of nil cost options have been awarded. The options in this grant will vest on the 30th June 2013 and are exercisable between 30th June 2013 and 30th June 2021.
Nil cost options granted today | Nil cost options granted remaining unexercised | |
Godfrey Davis | 5,037 | 53,969 |
Roger Mather | 7,196 | 39,104 |
Other key employees | 21,037 | 145,644 |
Total | 33,270 | 238,717 |
Enquiries:
Pelham Bell Pottinger | |
Dan de Belder / Lucy Frankland | 0207 861 3232 |
Altium Capital | |
Ben Thorne / Melanie Szalkiewicz | 0207 484 4040 |
Related Shares:
Mulberry Group