Director/PDMR Shareholding

RNS Number : 3266X

Catlin Group Limited

13 February 2012

 



Catlin Group Limited

13 February 2012

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 9 February 2012 pursuant to the Company's Performance Share Plan as follows:

Name	Status	Number of Common Shares covered by award
Stephen Catlin	Director	296,659
Benjamin Meuli	Director	284,186
Richard Banas	Person discharging managerial responsibilities	223,025
Paul Brand	Person discharging managerial responsibilities	253,897
Paul Jardine	Person discharging managerial responsibilities	207,405
Andrew McMellin	Person discharging managerial responsibilities	183,184

Up to 50% of each award will be eligible to vest in each of 2015 and 2016, 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.

It is also announced that an award of options over Common Shares of $0.01 each was made on 6 September 2011 pursuant to the Company's International Saving-Related Share Option Scheme as follows:-

Name	Status	Number of Common Shares covered by award	Exercise Price
Benjamin Meuli	Director	3,019	£2.96

The award will vest on 1 November 2014.

This announcement is made in accordance with Disclosure and Transparency Rule

3.1.4 R (1)(a).

 

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