Grant of Performance Shares

RNS Number : 8131E
Stobart Group Limited
06 November 2015
 

6 November 2015

 

STOBART GROUP LIMITED

('Stobart' or 'the Company')

 

Grant of performance shares under the New Incentive Plan to PDMRs

The Executive Directors have today been awarded a grant of performance shares for the 2015/16 period, as set out in the table below, under the New Incentive Plan.

Director

Grant of performance shares

Andrew Tinkler

560,831

Ben Whawell

360,534

Richard Butcher

347,181

 

The performance shares, as stated in the Company's circular dated 1 October 2014 (the "Circular") will vest at the end of a three-year performance measurement period in accordance with the rules of the New Incentive Plan. The general vesting conditions and other details relating to the New Incentive Plan were set out in the Circular and the Remuneration Report in the Annual Report for the year to 28 February 2015.

There has been no change to the issued share capital of the Company as a result of the above transfer. The total number of voting rights in Stobart, excluding treasury shares, is 327,925,831.

This disclosure is made pursuant to 3.1.4R of the Disclosure and Transparency Rules.

Enquiries:

 

Influence Associates

Stuart Dyble/James Andrew                                       +44 20 7287 9610

 

Redleaf PR                                                                          +44 20 7382 4730

Emma Kane

Charlie Geller

 

 

 


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