Director/PDMR Shareholding

RNS Number : 5452Y

Dechra Pharmaceuticals PLC

23 December 2010

 

23 December 2010

Dechra Pharmaceuticals PLC

(the "Company")

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 Dechra Long Term Incentive Plan (the "Plan"):

Name of individual	Director/PDMR	Type of award	Number of shares subject to award
Ian Page	Director	Option	72,241
Simon Evans	Director	Option	45,409
Ed Torr	Director	Option	43,344
Zoe Goulding	Director	Option	8,256

This grant represents the annual LTIP award to Directors and Senior Managers.  The annual award is generally granted in September / October however by reason of a close period imposed due to the recent acquisitions of DermaPet Inc and Genitrix Limited the grant has been delayed. 

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 constituent companies of the FTSE Small Cap Total Return Index over a three-year performance period.

Enquiries:

Zoe Goulding

Company Secretary

01782 771100

 

END

 

 

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