7th Apr 2009 13:24
Costain Group PLC("Costain" or the "Company")
Long-Term Incentive Plan
The Company announces details of Awards in the form of options with an exercise price of £1 per exercise (whether on exercise of the entire Award or any part of it) over 7,583,743 ordinary shares of 5p each made on 7 April 2009 under the Costain Group PLC Long-Term Incentive Plan (LTIP). The Awards can only be exercised on the achievement of specified performance conditions after the end of the Company's financial year ending 31 December 2011. Awards were made to the following Executive Directors:
Name Number of Shares subject to the Award
|
Mr A Wyllie, Chief Executive |
824,175 |
|
Mr A O Bickerstaff, Finance Director |
527,472 |
Other awards were made on 7 April 2009 under the LTIP to employees who are not Executive Directors of the Company.
7 April 2009
Enquiries:
|
Costain Group PLC |
Tel: 01628 842444 |
|
Clive L Franks |
|
|
College Hill |
Tel: 020 7457 2020 |
|
Mark Garraway |
|
|
Adam Aljewicz |
Related Shares:
Costain