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Long Term Incentive Awards

17th Sep 2010 10:41

RNS Number : 8806S
Millennium & Copthorne Hotels PLC
17 September 2010
 



For immediate release 17 September 2010

 

Millennium & Copthorne Hotels plc

 Long Term Incentive Awards

On 16 September 2010 the following executive director and other persons discharging managerial responsibility ("PDMRs") of the Company, were granted awards ("Awards") entitling them to acquire ordinary shares of 30 pence in the Company under the Millennium & Copthorne Hotels Long Term Incentive Plan:

 

Executive Director

Number of shares covered by Performance Share Award 

Wong Hong Ren

56,936

 

Other PDMRs

Number of shares covered by Performance Share Award 

Adrian Bushnell

16,321

Ali Hamad Ali Hamad Lakhraim Al Zaabi

13,289

Beng Lan Low

15,183

Clive Harrington

18,978

Lawrence Yip

13,933

Simon Barlow

16,325

The Awards will normally vest on the third anniversary of the grant date, subject to continued employment and the meeting of earnings per share growth performance conditions.

No consideration was paid for the grant of the awards and no payment is due on the vesting and exercise of these awards.

 

 

Adrian Bushnell

Company Secretary

 

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