28th Sep 2011 11:37
28 September 2011.
CPPGroup Plc
LTIP Awards
The company has been notified that the following award of LTIP options has been made pursuant to the company's scheme, to certain Directors/Persons Discharging Managerial Responsibility (PDMR) over 167,632 ordinary shares of 10p each in the company (Ordinary Shares) as follows:
Name No. of LTIP Market Value
Options per share (£)
Alan John Titchener 67,308 1.30
Richard Brady 100, 324 1.30
In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made based on a share price of 130.0p per ordinary share on the closing dealing day prior to the date of grant.
The LTIP options have been granted on a conditional basis and no shareholder rights will be confirmed upon the grantee until the LTIP options have vested. Such vesting is subject to the achievement of the performance criteria of the scheme over a three year measurement period.
Enquiries
Paula Watts .
Head of Secretariat
Tel 01904 545395
Related Shares:
Cppgroup