20 November 2008
Dechra Pharmaceuticals PLC
(the 'Company')
Following the approval of Dechra Long Term Incentive Plan 2008 (the Plan) at the Annual General Meeting of the Company held on 7 November 2008, the Company announces that the following Directors / PDMRs were yesterday granted incentive awards over ordinary shares of 1 pence each in the Company in accordance with the terms of the Plan:
Name of individual |
Director / PDMR |
Type of award |
Number of shares subject to award |
Ian Page |
Director |
Option |
92,593 |
Simon Evans |
Director |
Option |
58,201 |
Ed Torr |
Director |
Option |
55,556 |
Zoe Bamford |
PDMR |
Option |
5,291 |
The vesting of all the above awards is subject to the achievement of performance targets. In respect of this grant the performance conditions will be determined by reference to the Company's adjusted diluted Earnings Per Share (EPS) growth and its Total Shareholder Return relative to the other constituent companies of the FTSE Small Cap Total Return Index over a three-year performance period.
Enquiries:
Zoe Bamford
Company Secretary
01782 771100