Director/PDMR Shareholding

RNS Number : 7163Z
Carr's Milling Industries PLC
10 February 2014
 



Carr's Milling Industries PLC ("Carr's" or the "Company")

Notification of transactions by Persons Discharging Management Responsibilities
("PDMRs")

 

Carr's (CRM.L), the agriculture, food and engineering group, announces the following awards of options over ordinary shares in the Company of 25p each ("Ordinary Shares") to certain PDMRs.

 

Awards under the Company's Long Term Incentive Plan 2013 (the "LTIP")

On 1 May 2013 and on 11 November 2013 (the "Award Dates"), awards were made under the Company's Long Term Incentive Plan 2013 (the "Options"). The Options are exercisable for nil consideration, subject to the rules of the LTIP and to the satisfaction of the applicable performance targets.

 

No consideration was payable on the grant of the Awards.

 

The Options will be exercisable (to the extent the performance targets are met) from the third anniversary of the respective Award Dates to the tenth anniversary of the respective Award Dates.

 

The Options have been awarded to certain PDMRs as follows:

 

1 May 2013 Award

 

Name

Number of Ordinary Shares           
subject to the Award  

Tim Davies

19,011

Neil Austin

14,068

 

11 November 2013 Award

 

Name

Number of Ordinary Shares           
subject to the award  

Tim Davies

15,226

Neil Austin

11,267

Katie Sinclair

2,436

Ellen Smith

2,193

 

The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4. 

 

Enquiries:

Katie Sinclair (Company Secretary)                    01228 554600

 

 

 

 

Powerscourt                                                     020 7250 1446

Nick Dibden                                                      carrs@powerscourt-group.com

Sophie Moate


This information is provided by RNS
The company news service from the London Stock Exchange
 
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