Director/PDMR Shareholding

RNS Number : 6808Y

Halfords Group PLC

29 December 2010

 



HALFORDS GROUP PLC

Award of Options under Halfords Group Performance Share Plan 2005

On 3 August 2010, the Remuneration Committee of Halfords Group plc awarded shares under the Company's Performance Share Plan 2005 ("PSP") to the following persons displaying managerial responsibility.

	August 2010 Grant
David Wild	156,797
Paul McClenaghan	88,054
Andy Torrance	51,493

For awards made under the Halfords Group Performance Share Plan 2005 from 2009 onwards the Committee, in making such option awards, and using its discretion, specified that subject to the rules of the PSP the Company would procure the transfer to the Awardholder such additional number of award shares as could have been acquired by the reinvestment of dividends paid on the original award shares. Such additional award shares to vest in the same proportion as the original award shares.

On 6 August 2010 the Company paid a final dividend of 14p per share.

The maximum number of shares to be awarded in this way is to be determined on the basis that each such dividend was reinvested on the date of payment of that dividend at a price per share equal to the market value of a share on that day. Such price being calculated as £4.811. The total number of shares awarded on the basis of this final dividend was;

	Dividend Reinvestment Grant
David Wild	13,106
Paul McClenaghan	5,830
Nick Wharton	3,268
Andy Torrance	3,088

The total numbers of options under award are therefore;

	Total No. of Options under Award BEFORE 3 August 2010	Total No. of Options under Award AFTER 6 August 2010
David Wild	631,302	801,205
Paul McClenaghan	198,423	292,307
Andy Torrance	117,422	226,584
Nick Wharton (1)	198,423	204,959

1. Nick Wharton subsequently resigned on 16 September 2010 and all 204,959 options were lapsed.

ALEX HENDERSON

GROUP COMPANY SECRETARY

01527 - 513025

 

END

 

 

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