Long-Term Incentive Plan

RNS Number : 3482K

Costain Group PLC

16 April 2010

 



Costain Group PLC
("Costain" or "the Company")

Long-Term Incentive Plan

The Company announces details of Awards in the form of options with an exercise price of £1 per exercise (whether on exercise of the entire Award or any part of it) over 6,989,470 ordinary shares of 5p each made on 14 April 2010 under the Costain Group PLC Long-Term Incentive Plan.  The Awards can only be exercised on the achievement of specified performance conditions after the end of the Company's financial year ending 31 December 2012.  Awards were made to the following Executive Directors:

Name		Number of Shares subject to the Award
Mr A Wyllie, Chief Executive		816,326
Mr A O Bickerstaff, Finance Director		540,816

Other awards were made on 14 April 2010 under the LTIP to employees who are not Executive Directors of the Company.

16 April 2010

Enquiries:
Costain Group PLC		Tel: [phone]
Clive L Franks
College Hill		Tel: [phone]
Mark Garraway
Adam Aljewicz

 

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