Director/PDMR Shareholding

RNS Number : 6932J

Halfords Group PLC

09 August 2012

 



HALFORDS GROUP PLC

Award of Options under Halfords Group Performance Share Plan 2005

To date during August 2012 the following movements have taken place in respect of awards made under the Halfords Group Performance Share Plan 2005:

Dividend Reinvestment - 3 August 2012

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.

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. The total number of shares awarded on the basis of dividends paid on 3 August 2012 is:

	Dividend Reinvestment Grant
Andrew Findlay	13,885
Paul McClenaghan	24,196

 2009 Award Lapse - 8 August 2012

The Remuneration Committee of Halfords Group plc confirmed the lapsing on 8 August 2012 of the PSP 2009 awards in the amounts as follows:

	2009 Award and related Dividend Reinvestment Grants	Lapsed	Vested
Paul McClenaghan	134,682	134,682	0

2012 Award - 9 August 2012

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 on 9 August 2012: 

	9 August 2012 Grant
Andrew Findlay	191,537
Paul McClenaghan	198,502

Summary

In summary, the movements of options under award to date during August 2012 are therefore:

	Total No. of Options under Award BEFORE 3 August 2012	Dividend Reinvestment on 3 August 2012	2009 Award Lapsed on 8 August 2012	Awards granted 9 August 2012	Total No. of Options under Award AFTER 9 August 2012
Andrew Findlay	211,709	13,885	N/A	191,537	417,131
Paul McClenaghan	368,946	24,196	134,682	198,502	456,962

Lisa Hartshorn

Assistant Company Secretary

01527 513 126

 

END

 

 

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