1 May 2015
S & U PLC ("S&U" or "the Company")
Director/PDMR Shareholding
The Company has granted share options in respect of 6,000 ordinary shares of 12.5p each in S & U to certain Company Directors under the Company's 2010 Long Term Incentive Plan ("LTIP").
The LTIP option awards were all made on 1 May 2015.
The earliest date the awards will vest is on 1 May 2018 all at an exercise price of 12.5p each. The vesting of the awards is subject to each person remaining in employment with the Company for three years from the date of the award and meeting challenging performance targets.
The awards are as follows:
Name of Director
|
Number of ordinary shares under LTIP option awarded |
Total number of shares over which options held under LTIP and DSOP following notification |
CH Redford |
2,000 |
24,100 |
MJ Mullins |
2,000 |
5,450 |
MJ Thompson |
2,000 |
2,000 |
For further information, please contact:
Anthony Coombs, Chairman
|
S&U plc |
0121 705 7777 |
Broker and Financial Adviser Chris Hardie
|
Arden Partners |
0207 614 5917 |
Media and Investor Relations Will Swan |
Smithfield |
0207 360 4900 |