13th Jul 2009 07:00
|
For Immediate Release |
13 July 2009 |
CVS Group plc
("CVS" or the "Company")
LTIP Award
Long Term Incentive Plan
CVS announces that on 10 July 2009 it made a grant of awards over the Company's Ordinary Shares of 0.2 pence each under the CVS Group Long Term Incentive Plan ("LTIP") to the Directors detailed in the table below:
|
Name |
Role |
No. of Ordinary shares subject to award under the LTIP |
|
Simon Innes |
Chief Executive |
264,504 |
|
Paul Coxon |
Finance Director |
93,435 |
Awards granted under the LTIP will vest on 30 June 2012 but only to the extent that certain performance criteria relating to earnings per share growth are satisfied by the Company over a three year performance period which commenced on 1 July 2009. No consideration is payable for the grant of the Awards and the receipt of the whole or part of the number of Ordinary Shares is conditional upon meeting the performance criteria.
Contacts:
|
CVS Group plc Simon Innes, Chief Executive Paul Coxon, Finance Director |
01379 644 288 |
|
Buchanan Communications Richard Oldworth Ben Romney |
020 7466 5000 |
|
Panmure Gordon & Co Richard Gray Andrew Godber |
020 7459 3600 |
Related Shares:
CVS Group