Performance Share Plan

RNS Number : 1947P

Carclo plc

12 July 2010

 



Carclo plc ("the Company")

Performance Share Plan

12 July 2010

The Company announces that on 7 July 2010, the fourth annual conditional award of shares under the Performance Share Plan 2007 ("PSP") was made to one executive director and five senior managers.

Mr Robert Brooksbank, Group Finance Director, was granted a conditional award of 69,000 Ordinary Shares. Following this award, the total number of Ordinary Shares awarded to Mr Brooksbank under the PSP is 308,000. These awards have a split performance condition whereby half will vest after three years based on TSR performance compared to the FTSE Small Cap Index and half will vest based on EPS performance (growth in underlying earnings excluding IAS19 pension accounting) over a three year period.

Enquiries

Carclo plc                                                                                            01924 268040       

Eric Cook, Company Secretary                                                    

 

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