16th Apr 2010 16:12
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 6,989,470 ordinary shares of 5p each made on 14 April 2010 under the Costain Group PLC Long-Term Incentive Plan. 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 2012. Awards were made to the following Executive Directors:
|
Name |
|
Number of Shares subject to the Award |
|
|
|
|
|
Mr A Wyllie, Chief Executive |
|
816,326 |
|
|
|
|
|
Mr A O Bickerstaff, Finance Director |
|
540,816 |
Other awards were made on 14 April 2010 under the LTIP to employees who are not Executive Directors of the Company.
16 April 2010
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Enquiries:
|
|
|
|
Costain Group PLC |
|
Tel: 01628 842444 |
|
Clive L Franks
|
|
|
|
College Hill |
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Tel: 020 7457 2020 |
|
Mark Garraway |
|
|
|
Adam Aljewicz |
|
|
Related Shares:
Costain