20th Nov 2008 14:10
|
For Immediate Release |
20 November 2008 |
CVS Group plc
("CVS" or the "Company")
LTIP Award
Long Term Incentive Plan
CVS announces that on 18 November 2008 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 |
189,655 |
|
Paul Coxon |
Finance Director |
83,448 |
|
Mark Finn |
Group Operations Director |
82,758 |
Awards granted under the LTIP will vest on 30 June 2011 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 2008. 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