Director/PDMR Shareholding

RNS Number : 5787S

Centaur Media PLC

08 November 2013

8 November 2013

Centaur Media plc

(the "Company")

DIRECTOR/PDMR SHAREHOLDINGS

Notification of Awards under The Centaur Long Term Incentive Plan 2006 (the "LTIP")

The Company announces that the following Executive Directors and other PDMRs were granted today awards over 10p ordinary shares in the capital of Centaur Media plc under the LTIP as follows:

Name of PDMR	Number of Awards granted
A Vidler (Director)	618,182
M Kerswell (Director)	436,364
S Middelboe	267,273
A Evans	203,636
K Jones	180,727

No consideration was paid for the grant of the awards.

The awards are structured as nil cost options and will normally vest on the dealing day immediately following the date of announcement of the Company's results for the financial year of the Company due to start on 1 January 2016 and end on 31 December 2016 (the "Vesting Date"), subject to the awardholder's continued office or employment and the satisfaction of the performance conditions.

One half of an LTIP award is subject to an absolute earnings per share ("EPS") performance condition which will be measured over the financial year ending 31 December 2016. 25% of this part of an award will vest if the Company's EPS is at least 7 pence, increasing pro-rata on a straight-line basis to 100% vesting if the Company's EPS is 10 pence or more.

The other half of an LTIP award is subject to a relative total shareholder return ("TSR") performance condition (with a financial underpin), measured against the TSR of each constituent within the FTSE SmallCap Index (excluding investment trusts) on 1 July 2013 over a performance period starting on 1 July 2013 and ending on 31 December 2016. Subject to the satisfaction of the financial underpin, 25% of this part of an award will vest if the Company's TSR over the performance period ranks at least at the median, increasing pro-rata on a straight-line basis to 100% vesting if the Company's TSR performance ranks at upper quartile or above. The financial underpin applying to this part of an award requires there to have been a sustained improvement in the Company's underlying financial performance over the performance period in order for this part of an LTIP award to vest.

Vested awards shall normally remain exercisable during the period of six months starting on the Vesting Date.

The Company was informed by the individuals listed above of the above transactions today.

Following the grant of the Awards, the PDMR's holdings in the Company are as follows:

Name of PDMR	Shares	Retention options	SELTIP awards	LTIP awards
A Vidler (Director)	NIL	NIL	NIL	618,182
M Kerswell (Director)	259,375	85,000	54,373	436,364
S Middelboe	64,308	NIL	83,599	267,273
A Evans	105,949	NIL	67,967	203,636
K Jones	3,995	NIL	6,862	180,727