29th Sep 2010 13:45
29 September 2010
ALBEMARLE & BOND HOLDINGS PLC
"the Company"
Long Term Incentive Plan
Albemarle & Bond Holdings plc ("the Company") announces it has today made a grant of awards over the Company's ordinary shares of 4 pence each ("Ordinary Shares") under the Albemarle & Bond Holdings Plc Long Term Incentive Plan ("LTIP") to the persons listed below:
|
Name |
Role |
No. of Ordinary Shares subject to award under the LTIP |
|
B J Stevenson |
Chief Executive Officer |
108,577 |
|
L K Moran |
Chief Financial Officer |
63,337 |
Awards granted under the LTIP will vest on 30 June 2013 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 2010. 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.
The notification of these awards is intended to satisfy the Company's obligations under the Disclosure and Transparency Rules.
Enquiries
Albemarle & Bond Holdings plc 0118 955 8100
Barry Stevenson CEO
Collins Stewart Europe Limited 020 7523 8350
Mark Dickenson
Piers Coombs
Cardew Group 020 7930 0777
Tim Robertson
Shan Shan Willenbrock
Catherine Maitland
END
Related Shares:
ABM.L