Notice of EGM clarification

RNS Number : 9152O
Liontrust Asset Management PLC
12 February 2016
 

12 February 2016

 

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Clarification of the Liontrust Asset Management Plc Long Term Incentive Plan vesting schedule

 

Liontrust Asset Management Plc would like to clarify the vesting schedule for the awards to be granted under the proposed new incentive scheme, the Long Term Incentive Plan ("LTIP"), as communicated in the Notice of General Meeting (the "Notice") published on the Company's website on 2 February 2016.

 

On page 14, due to a typographical error it is stated that:

 

"At target performance 25% of the award vests".

 

This should have stated:

 

"At threshold performance 20% of the award vests".

 

This maintains consistency with disclosure in the rest of the Notice and reflects the correct design of the LTIP, as well as discussions with our major shareholders.

 

All other details remain unchanged.

 

For further information please contact:

 

Liontrust Asset Management                                                     020 7412 1700

John Ions, Vinay Abrol                                                                   www.liontrust.co.uk

Simon Hildrey - Head of Marketing & Distribution Strategy

 

Numis Securities Limited                                                             020 7260 1000

Charles Farquhar, Andrew Holloway

 

Macquarie Capital (Europe) Limited                                       020 3037 2000

Advisory - Jonny Allison, Kavita Choitram

Corporate Broking - Nicholas Harland, Nick Donovan

 

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