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Incentive Plan

22nd May 2009 07:00

RNS Number : 6907S
Vectura Group plc
22 May 2009
 



Vectura Group plc ("the Company")

Awards under Long-term Incentive Plan

Chippenham, UK, 22 May 2009 (LSE: VEC): As part of the annual award to Executive Directors and Senior Executives of Vectura Group plc, under the Company's Long-Term Incentive Plan, the following Executive Directors of the Company were yesterday granted the award of shares as follows:

Dr. Chris Blackwell, Chief Executive

Anne Hyland, Chief Financial Officer

928,467 ordinary shares of 0.025p each

618,978 ordinary shares of 0.025p each

This award was calculated using a share price 68.5p, being the closing price on 20 May 2009. A proportion of these share awards, based on the performance criteria set out in the Rules of the Plan, will be due for release on 21 May 2012.

 

Enquiries:

Vectura Group plc

Anne Hyland

Chief Financial Officer and Company Secretary

01249 667 612

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