Director/PDMR Shareholding

RNS Number : 3674J

Spire Healthcare Group PLC

02 April 2015

 



Spire Healthcare Group Plc                       

2 April 2015

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 2015 Long Term Incentive Share Awards

Spire Healthcare Group plc (the Company) announces that, on 1 April 2015, 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                            290,858

Mr S Gordon                          193,905

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 2015 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 £3.61, the average of the middle market quotation at close of business over the last 5 dealing days ending on 31 March 2015.

Name of contact and telephone number for queries:

A M Dand                                           020 7427 9092

Interim Deputy Company Secretary

Spire Healthcare Group plc

 

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