23rd May 2008 17:20
Vectura Group plc ("the Company")
NOTIFICATION OF SHARE AWARDS
UNDER SHARE INCENTIVE PLAN
Chippenham, UK, 23 May 2008: As a result of transactions on 23 May 2008, under the Vectura Group plc Share Incentive Plan (an HMRC approved all-employee share purchase plan adopted by the Company's shareholders on 27 September 2006) (the "Plan"), Dr Christopher Blackwell and Anne Hyland, Executive Directors of the Company, as trustees of the Plan, became the non-beneficial owners of 800,000 Ordinary Shares of the Company, to be distributed to the employees of the Company under the Plan.
The Executive Directors of the Company have the following interests as a result of their personal participation in the Plan:
|
Free Shares awarded on 23 May 2008 at 53.5p per share |
Total number of Free Shares and Matching Shares held in the Plan on 23 May 2008 |
|
|
Dr Christopher Blackwell |
5,607 |
10,185 |
|
Anne Hyland |
5,607 |
10,185 |
The beneficial ownership of the 5,607 Free Shares awarded under the Plan will pass to the Executive Directors on 23 May 2011, subject to their continued employment.
Enquiries:
|
Vectura Group plc Anne Hyland Chief Financial Officer and Company Secretary |
Tel: 01249 667 612 |
Related Shares:
VEC.L