Notification of an Award

RNS Number : 8680G

Terrace Hill Group PLC

28 October 2008

 



28 October 2008 

Terrace Hill Group PLC ('Terrace Hill' or the 'Company')

Notification of an Award under the Terrace Hill Group plc Performance Share Plan

Terrace Hill Group PLC (AIM:THG) announces the following grant of awards ('Awards') to Mr Jon Austen, Finance Director of the Company under the Company's Performance Share Plan ('PSP') on 28 October 2008. 

Name	Total Share Awards Granted
on 28 October 2008
Jon Austen	594,059

Notes

1.    The Awards will ordinarily vest on 1 September 2010;

2.    No consideration is payable on the grant of the Awards, but prior to the issue or transfer of any shares that vest, a payment of par value per share is required;

3.    The Company has 211,971,299 Ordinary Shares of 2p each in issue;

4.    There are no shares held in treasury so the total voting rights in the Company is therefore 211,971,299;

5.    The Company now has a total of 11,436,843 Awards outstanding, under the Terrace Hill Group PLC Performance Share Plan, representing 5.4% of the issued Ordinary Share Capital; and 

6.    The notification of these Awards is intended to satisfy the Company's obligations under the Financial Services Authority's Disclosure and Transparency Rules.

For further information please contact:

Miranda Kelly

Tel: [phone]

Terrace Hill Group Plc

Luke Webster

Richard Crawley

Oriel Securities Limited

Tel: [phone]

 

END

 

 

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