Director/PDMR Shareholding

RNS Number : 2646T

Spire Healthcare Group PLC

02 October 2014

 



Spire Healthcare Group Plc                       

2 October 2014

Notification of Transactions of Persons Discharging Managerial Responsibilities

This notification is made in accordance with DTR 3.1.4R (1) (a) of the Disclosure Rules and Transparency Rules.

Grant of 2014 Long Term Incentive Share Awards

Spire Healthcare Group plc (the Company) announces that, on 30 September 2014, performance share awards (the Awards) were granted over the Company's ordinary shares in the form of nil cost options to the following Directors, being persons discharging managerial responsibilities in the Company, under the Spire Healthcare Group plc Long Term Incentive Plan, which was approved by the Company on 3 July 2014.

Name              Maximum number of Shares under Award (Award Shares)

Mr R Roger                            372,340

Mr S Gordon                          248,226

The number of Award Shares set out above is the maximum number which may vest under the Awards following the cessation of the performance period. The actual number of Award Shares which vest will depend on the extent to which the following performance conditions have been satisfied.

The performance conditions applicable to the 2014 Awards will be based half on total shareholder return (TSR) performance and half on earnings per share (EPS).

The Share price used to determine the number of Shares under awards was £2.823, the average of the middle market quotation at close of business over the last 5 dealing days ending on 29 September 2014.

Name of contact and telephone number for queries:

A M Dand                                           020 7427 9092

Interim Deputy Company Secretary

 

END

 

 

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