BowLeven Plc
17 December 2007
BowLeven plc
17 December 2007
Grant of Awards to directors pursuant to the BowLeven Long Term Incentive Plan
On 13 December 2007 the Board of BowLeven plc ('the Company') granted Awards
under the BowLeven Long Term Incentive Plan ('LTIP') to the following directors:
-
director No of shares included in Award
Kevin Hart 110,000
John D Brown 55,000
Ed Willett 70,000
John A C Morrow 70,000
Peter G Wilson 60,000
Chief Tabetando 70,000
The release of shares pursuant to an Award is dependant upon achievement by the
Company of certain performance conditions over a period of three years from the
date of the Award. In addition, prior to an Award vesting, the remuneration
Committee are required to be satisfied that there has been a satisfactory and
sustained improvement in the underlying financial performance of the Company
over the next three year period.
BowLeven plc
Kevin Hart, Chief Executive Officer Tel: 00 44 7771 934 974
Brunswick
Patrick Handley Tel: 00 44 207 396 7695
ABN AMRO
Andrew Foster Tel: 00 44 207 678 7106
This information is provided by RNS
The company news service from the London Stock Exchange
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