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Long Term Incentive Awards

26th Jun 2008 11:39

RNS Number : 6046X
Millennium & Copthorne Hotels PLC
26 June 2008
 



For immediate release

26 June 2008

 

Millennium & Copthorne Hotels plc 

 Long-term Incentive Awards

 

On 25 June 2008 the following executive directors 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 Directors

Number of shares covered by

 Performance Share Award

 

Wong Hong Ren

86,455

Richard Hartman

237,752

John Arnett

66,043

 

Other PDMR

Number of shares covered by

 Performance Share Award

 

Adrian Bushnell

18,551

Ali Lakhraim Al Zaabi

8,805

 

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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