Long Term Incentive Plan

RNS Number : 8367Z

BowLeven Plc

16 December 2014

 

16 December 2014

Bowleven plc ("Bowleven" or the "Company")

Lapse of December 2011 LTIP awards pursuant to the Bowleven Long Term Incentive Plan

Bowleven wishes to announce that the relevant performance conditions applying to the following awards to Directors made under the Bowleven Long Term Incentive Plan ("LTIP") on 12 December 2011 have not been met and accordingly the December 2011 awards listed below have lapsed:- 

Director	No. of shares comprised in December 2011 LTIP award
Kerry Crawford	199,426
Kevin Hart	729,328
Chief Tabetando	341,872
Ed Willett	303,887
Peter Wilson	273,498

ENQUIRIES

For further information please contact:

Bowleven plc

Kevin Hart, Chief Executive                                       00 44 131 524 5678

Peter Wilson, Company Secretary

Brunswick Group LLP

Patrick Handley                                                               00 44 207 404 5959

Simon Maine

Macquarie Capital (Europe) Limited (Nomad)

Jon Fitzpatrick                                                                 00 44 203 037 2000

Ken Fleming

Nick Stamp

 

END

 

 

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