19th Jul 2005 14:03
Fuller,Smith&Turner PLC19 July 2005 Fuller, Smith & Turner P.L.C Long Term Incentive Plan At its meeting today, 19 July 2005, the Remuneration Committee confirmed theawards under the Company's Long Term Incentive Plan ("LTIP") which included thenotifiable awards set out below. All awards are over a combination of both £1 'A' ordinary and 10p 'B' ordinaryshares. The calculation of the awards was based on the closing price as at 18 July 2005,being £9.175 for 'A' shares and £0.9175 (notionally) for 'B' shares. An award amounts to a contractual right to acquire an interest in sharesprovided the director/senior manager remains an employee at the thirdanniversary of the grant (the normal vesting date), and only to the extent thatthe performance condition attached to the scheme is met. This criteria is basedon a sliding scale which may result in less than the full award vesting. Name of Director (denoted with *)/Senior No of 'A' shares No of 'B' sharesManager (PDMR) (80%) (20%)A Bowen 1,416 3,541P A Clarke* 4,917 12,294M Clist 1,363 3,409M Dally 2,046 5,117S Emeny* 5,824 14,561R H F Fuller 2,615 6,539M L Gracie 2,322 5,807J Keeling 1,961 4,904D Munro 2,275 5,689R J Roberts* 5,231 13,079M J Turner* 7,463 18,659T J M Turner* 4,499 11,247 Name of Director (denoted with No of 'A' shares as a No of 'B' shares as a*)/Senior percentage of percentage of Manager (PDMR) issued class issued class A Bowen 0.01 0.01P A Clarke* 0.04 0.03M Clist 0.01 0.01M Dally 0.02 0.01S Emeny* 0.04 0.04R H F Fuller 0.02 0.02M L Gracie 0.02 0.02J Keeling 0.01 0.01D Munro 0.02 0.02R J Roberts* 0.04 0.03M J Turner* 0.06 0.05T J M Turner* 0.03 0.03 Enquiries: Marie Gracie, Company Secretary - 07956 559285 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Fuller Smith & Turner