1st Apr 2011 09:38
1 April 2011
James Fisher and Sons plc ("the Company")
Notification of Directors' Interest in Shares
The Company has granted options to the executive directors of the Company under the Long Term Incentive Plan (2001) which was approved by shareholders in April 2001 and the Executive Share Option Scheme (2005) which was approved by shareholders on 29 April 2005 and the Inland Revenue on 17 June 2005.
Long Term Incentive Plan
Awards for the appropriation of shares (options) have been granted under the Long Term Incentive Plan at an exercise price of nil cost. The awards are subject to the Plan rules and will vest on 30 March 2014 provided certain performance conditions are met.
No consideration was paid for the grant of these awards.
Executive Share Option Scheme
Options have been granted under the Executive Share Option Scheme at a price of 521.67p per share. The options are subject to the performance conditions stipulated in the Scheme rules and are exercisable from 30 March 2014 to 30 March 2021 provided that the performance conditions are met.
Details of the award under each of these schemes are as follows:
Number of Ordinary Shares under Option pursuant to the LTIP prior to the award | Options Granted over Ordinary Shares pursuant to the LTIP | Total number of Ordinary Shares under Option pursuant to the LTIP | |
T C Harris | 162,026 | 52,979 | 215,005 |
N P Henry | 103,936 | 35,411 | 139,347 |
S C Kilpatrick | - | 23,659 | 23,659 |
S A Harris | 62,201 | 20,281 | 82,482 |
Number of Ordinary Shares under Option pursuant to the Executive Share Option Scheme prior to the award | Options Granted over Ordinary Shares pursuant to the Executive Share Option Scheme | Total number of Ordinary Shares under Option pursuant to the Executive Share Option Scheme | |
T C Harris | 532,190 | 73,466 | 605,656 |
N P Henry | 254,011 | 49,105 | 303,116 |
S C Kilpatrick | - | 32,808 | 32,808 |
S A Harris | 146,823 | 28,124 | 174,947 |
This announcement is made in accordance with the requirements of DTR 3.1.4
Contact
James Fisher and Sons plc | Tim Harris | Chairman | 020 7614 9508 |
Related Shares:
James Fisher and Sons