Director/PDMR Shareholding

RNS Number : 1718H

Catlin Group Limited

15 February 2010

 



Catlin Group Limited

15 February 2010

DIRECTORS' AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES' SHAREHOLDINGS

It is announced that awards of allocations and/or options over Catlin Group Limited's (the "Company") common shares of $0.01 each ("Common Shares") were made on 11 February 2010 pursuant to the Company's Performance Share Plan as follows:

Name	Status	Number of Common Shares covered by award
Stephen Catlin	Director	396,664
Benjamin Meuli	Director	320,978
Richard Banas	Person discharging managerial responsibilities	292,852
Paul Brand	Person discharging managerial responsibilities	304,943
Paul Jardine	Person discharging managerial responsibilities	268,016
Andrew McMellin	Person discharging managerial responsibilities	226,325

Up to 50% of each award will vest in each of 2013 and 2014, but only to the extent that the performance conditions set forth in the Performance Share Plan are achieved.

No consideration was payable upon grant of the awards or will be payable upon the exercise of any vested options or upon the vesting of any allocations.

Pursuant to the Performance Share Plan, the following will receive Common Shares from the Catlin Group Limited's Employee Benefit Trust on 20 February 2010 as detailed below:-

Name	Status	Number of Common Shares
Stephen Catlin	Director	6,989
Richard Banas	Person discharging managerial responsibilities	3,113
Paul Brand	Person discharging managerial responsibilities	4,960
Paul Jardine	Person discharging managerial responsibilities	4,970
Andrew McMellin	Person discharging managerial responsibilities	1,940

This announcement is made in accordance with Disclosure and Transparency Rule 3.1.4 R (1)(a).

 

END

 

 

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