Director/PDMR Shareholding

RNS Number : 9088K

Evolution Group PLC

27 April 2010

 



The Evolution Group Plc

Notification of Transactions of Directors                                                                          

27 April 2010

THE EVOLUTION GROUP PLC

(the "Company")

Notification of Transactions of Directors

The Evolution Group Plc 2002 Executive Share Incentive Plan (the "Plan")

The Evolution Group PLC (the "Company") announces that an award of 200,000 ordinary shares in the capital of the Company ("Ordinary Shares") was yesterday  made to Andrew Westenberger under the Plan in satisfaction of commitments made to him as part of his joining arrangements.

The award was granted for nil consideration.  The exercise price is 1 pence per share. Subject to continued employment and the rules of the Plan, call rights will be granted in April 2013 whereupon they will become immediately exercisable. 

Following the above transaction, Andrew Westenberger holds the following awards under the Plan and interests in the following number of Ordinary Shares under the Company's 2010 Joint Share Ownership Plan ("Partnership Equity Plan"):

Director	2002 Executive Share Incentive Plan	2010 Partnership Equity Plan
Andrew Westenberger	439,286	2,000,000

This notification relates to disclosures made in accordance with Disclosure and Transparency Rule 3.1.4(R)(1)(a).

For more information please contact:

The Evolution Group Plc

Tony Lee, Company Secretary                                     Tel: [phone]           

 

END

 

 

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