19th Nov 2012 07:00
Close Brothers Group plc
Notification of vesting of share awards to directors and
persons discharging managerial responsibilities
VESTING OF CONDITIONAL SHARE AWARDS
Pursuant to its obligations under Disclosure and Transparency Rule 3.1.4R (1)(a), Close Brothers Group plc (the 'Company') notifies that the three year conditional share awards granted on 18 November 2009 under the Company's Long Term Incentive Plan ('LTIP') vested on 18 November 2012, in accordance with the LTIP rules of the Omnibus Share Incentive Plan 2009 (the 'Rules').
This vesting, following the application of performance testing, included the following 2009 LTIP awards of ordinary shares of 25p each of the Company ('Shares') to the executive directors and persons discharging managerial responsibilities ('PDMRs'):
Number of LTIP 2009 Shares vested | |
Executive directors | |
Preben Prebensen | 34,445 |
Stephen Hodges | 26,686 |
Jonathan Howell | 26,106 |
Elizabeth Lee | 11,331 |
PDMRs | |
Martin Andrew | 16,815 |
Tazim Essani | 9,065 |
Rebekah Etherington | 7,932 |
Julian Palfreyman | 11,694 |
These awards will be satisfied by the Company in accordance with the Rules. A further announcement will be made once the satisfaction of these awards and any sale of shares to meet tax liabilities have been completed.
Name of authorised official of issuer responsible for making notification:
John Hudspith
Assistant Company Secretary
Close Brothers Group plc
Date of notification:
19 November 2012
Related Shares:
Close Bros