Director/PDMR Shareholding

RNS Number : 2137W
Imperial Tobacco Group PLC
05 November 2014
 

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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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