Director/PDMR Shareholding

RNS Number : 3740P

Carr's Group PLC

16 November 2016

 

16 November 2016

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholdings

Carr's (CARR.L), the agriculture and engineering group, announces the following awards of options over ordinary shares in the Company of 2.5p each ("Ordinary Shares") to certain PDMRs.

Awards under the Company's Long Term Incentive Plan 2013 (the "LTIP")

On 14 November 2016 (the "Award Date"), awards were made under the Company's Long Term Incentive Plan 2013 (the "Options"). The Options are exercisable for nil consideration, subject to the rules of the LTIP and to the satisfaction of the applicable performance targets.

No consideration was payable on the grant of the Awards.

The Options will be exercisable (to the extent the performance targets are met) from the third anniversary of the respective Award Dates to the tenth anniversary of the respective Award Dates.

The Options have been awarded to certain PDMRs as follows:

Name	Number of Ordinary Shares    Total Number of Ordinary        subject to this award               Shares awarded under the LTIP
Tim Davies	185,159                                        529,333
Neil Austin	137,018                                        391,710
Ellen Smith	26,663                                          76,220

The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4. 

Enquiries:

Katie Wood (Company Secretary)                       01228 554600

Powerscourt                                                     020 7250 1446

Nick Dibden                                                      [e-mail]

 

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