20th Jul 2009 11:31
20 July 2009
Business Post Group plc
VESTING OF LONG-TERM INCENTIVE PLAN 2006
Business Post announces that the under-mentioned directors and persons discharging management responsibilities ("PDMRs") have received vesting shares under the terms of the Business Post Group plc Long Term Incentive Plan. The shares vested on 17 July 2009 pursuant to conditional awards originally made on 17 July 2006. The disposals referred to below were made on 17 July 2009. The Business Post Employee Trust subsequently re-acquired the shares disposed of by the participants. The price in both transactions was 283p per share. The shares acquired by the Business Post Employee Trust will be used in fulfilling future incentive share scheme awards made by Business Post. The Trust holds 350,276 shares following this transaction equivalent to 0.64% of the issued share capital. Business Post's issued share capital is 54,674,237 ordinary 10p shares.
|
Director/PDMR |
Total vested shares |
Shares sold |
Shares retained |
Total shares held after event. Number/% of share capital |
|
Guy Buswell |
229,197 |
93,972 |
135,225 |
266,466 (0.49%) |
|
Steven Glew |
92,046 |
37,740 |
54,306 |
95,820 (0.18%) |
|
Alec Ross |
46,145 |
18,920 |
27,225 |
57,286 (0.10%) |
|
Steve Patrick |
16,191 |
6,639 |
9,552 |
9,552 (0.02%) |
|
Terry Richards |
16,191 |
- |
16,191 |
16,191 (0.03%) |
- Ends -
For further information, please contact:
|
Business Post Group plc |
|
|
Guy Buswell (Group Chief Executive) |
0121 335 1111 |
|
Steven Glew (Group Finance Director) |
01753 706 070 |
|
Hogarth Partnership |
|
|
John Olsen Fiona Noblet |
020 7357 9477 |
Related Shares:
UKM.L