10th Mar 2006 12:26
Inmarsat PLC10 March 2006 Inmarsat plc: Share incentive award10th March 2006 Share awards over ordinary shares of €0.0005 under the Bonus Share Plan havebeen made to the following executive directors and executives who are classifiedas Persons Discharging Managerial Responsibility. These awards are based on amonetary award approved by the Remuneration Committee of the Company in May 2005with the number of shares to be awarded being based on the mid-point closingprice of the share price on 9th March of 383p. The awards under the Bonus SharePlan were contingent upon the Company meeting specified financial targets inrespect of the 2005 Financial Year, which it has done and therefore the fullmonetary value will be awarded in shares to each of the individuals noted below.These shares vest in three instalments in March 2007, March 2008 and March 2009. Bonus share plan Name Number of shares awardedMichael Butler* 25,456Richard Denny 11,422Paul Griffith 9,791Alison Horrocks 7,832Eugene Jilg 21,540Debra Jones 10,443Rick Medlock* 25,456Perry Melton 13,707Leo Mondale 12,959Rupert Pearce 17,232Andrew Sukawaty* 55,075 *denotes executive director. All other executives are those who are consideredPersons Discharging Managerial Responsibility. Contact:Inmarsat plcSimon Ailes: +44 20 7728 1518 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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