Director/PDMR Shareholding

RNS Number : 3145S

STV Group PLC

16 March 2016

 

STV Group plc (the "Company")

NOTIFICATION OF DIRECTOR SHAREHOLDING

The Company announces the grant of nil-cost options to its executive directors under the terms of the 2013 Value Creation Plan ("VCP") on 15 March 2016.

The VCP granted performance units which converted into nil-cost options over sufficient shares to deliver the participants' share of the "Incentive Value". This was based on the extent to which the average share price during December 2015 (the "Measurement Price") exceeded certain thresholds. The award vested on 11 March 2016.

Accordingly, the Executive Directors have the right to exercise the following options as set out below by 11 March 2023.

	Total nil-cost options granted
Directors:
Rob Woodward George Watt	336,735 173,470

Jane E A Tames

Company Secretary

STV Group plc

0141 300 3074

16 March 2016

 

END

 

 

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