Imperial Tobacco Group PLC (the "Company")
Directors and Persons Discharging Managerial Responsibility ("PDMRs") Interests
Imperial Tobacco Group Long Term Incentive Plan ("LTIP")
In respect of the conditional award granted on 2 November 2011 under the Company's LTIP, following partial achievement of the performance criteria, none of the EPS element, approximately 30% of the TSR v FTSE 100 element and none of the TSR v Comparator Group element have vested. Further details relating to the operation of the LTIP can be found within the Annual Report & Accounts which are available on the Company's website.
Vesting takes the form of the award over the Company's ordinary shares of 10 pence each ("Shares") becoming exercisable, upon the payment of the notional exercise price, at any time until the seventh anniversary of the date on which the award became exercisable. Alternatively, in some jurisdictions, vesting takes the form of the granting of an option over the Company's Shares exercisable, upon the payment of the notional exercise price, at any time until the seventh anniversary of the date on which the option was granted.
The following awards have vested/lapsed in respect of the Directors and PDMRs listed below.
DIRECTORS |
Award Vesting Number of Shares |
Award Lapsing Number of Shares |
|
|
|
Alison Cooper |
5,670 |
69,934 |
Matthew Phillips |
960 |
11,847 |
|
|
|
PDMRs |
Award Vesting Number of Shares |
Award Lapsing Number of Shares |
|
|
|
Helen Clatworthy |
630 |
7,776 |
Fernando Dominguez |
848 |
10,468 |
Walter Prinz |
890 |
10,984 |
Arthur van Benthem |
1,028 |
12,686 |
T M Williams
Deputy Company Secretary
Copies of our announcements are available on our website, www.imperial-tobacco.com.