Wilmington plc - Share Awards

RNS Number : 3516Z

Wilmington PLC

17 September 2020

 

17 September 2020

Wilmington plc

('Wilmington', 'the Group' or 'the Company')

Share Awards

In September 2017, Wilmington granted a number of share awards under its Performance Share Plan ("PSP").  The vesting of these awards was conditional upon the achievement of certain performance criteria. As a result of the Company's performance over the three years to 30 June 2020, 47,108 ordinary shares of 5 pence each vested on 16 September 2020 in favour of a total of four employees and former employees of the Company ("Vested Shares").

A further 8,123 ordinary shares of 5 pence each were allocated under the PSP scheme rules to reflect the value of the dividend that would have been paid had the vested shares been issued in September 2017 ("Dividend Shares") giving a total of 55,231 shares awarded.

No new shares were issued in respect of these transactions with the shares being transferred to the individuals from the Wilmington Group plc Employee Share Ownership Trust.

Richard Amos

Company Secretary and Chief Financial Officer

For further information, please contact:

Wilmington plc   020 7422 6800

Richard Amos, Company Secretary and Chief Financial Officer

FTI Consulting   020 3727 1000

Charles Palmer / Dwight Burden / Emma Hall

Notes to Editors  

Wilmington is the recognised knowledge leader and partner of choice for information, education and networking in Risk & Compliance, Healthcare and Professional areas. Wilmington employs close to 1,000 people and sells to around 120 countries. Wilmington plc is a premium listed Company on the main market of the London Stock Exchange.

 

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