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Alumasc Group Plc (ALU)

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Monday 14 November, 2011

Alumasc Group Plc

Director/PDMR Shareholding

RNS Number : 0548S
Alumasc Group PLC
14 November 2011
 



 

 

 

 

 

 

 

 

The Alumasc Group plc - Director/PDMR Shareholding

 

Awards under The Alumasc Group plc Long Term incentive Plan (2008 Plan) ("LTIP")

 

 

The Alumasc Group plc ('the Company') announces that on 11 November 2011 the under mentioned Directors were granted conditional awards under The Alumasc Group plc Long Term Incentive Plan (2008 Plan) that entitled them to acquire ordinary shares of 12.5p each in the Company in accordance with the rules of the Plan.

 

 

 

Name                    Number of                          Percentage of                   Total Number of              Percentage of

                                Shares Awarded               Current Issued                  Share Awards held          Current Issued

                                Under the LTIP                  Share Capital                     Under the LTIP                  Share Capital

                                (2008 plan)                                                                         (2008 Plans)

 

Paul

Hooper                 135,448                                  0.375%                                 617,155                                1.708% 

 

Andrew

Magson                   56,716                                  0.157%                                 254,945                                0.706%

 

The above LTIP awards are granted at a nil exercise price and are subject to demanding performance conditions set out by the Remuneration Committee.

 

No consideration was paid in respect of any of the above grants, which were approved by the Remuneration Committee in Kettering.  This announcement is given in fulfilment of obligations under DTR 3.1.4R(1)(a).

 

The total Executive Share Options and LTIPs awarded to Directors/PDMRs excluding the above award are as follows:

 

 

Executive Share Option Scheme

 

Name         Date of Grant               Number of Shares           Earliest Exercise               Expiry Date         Percentage of

                                                                Granted                               Date                                                                      Current Issued

                                                                                                                                                                                                Share Capital

Paul

Hooper      April 2006                       39,878                                   April 2009                            April 2016            0.110%

 

 

Long Term Incentive Plan (2008 Plan)

 

Name         Date of Award              Number of Shares           Earliest Exercise               Percentage of Current Issued

                                                                Under Award                     Date                                      Share Capital

 

Paul

Hooper      December 2008           176,020                                December 2011                 0.487%

 

                     October 2009                152,426                                October 2012                      0.422%

 

                     November 2010           153,261                                November 2013                0.424%

 

 

Andrew

Magson     December 2008              72,449                               December 2011                 0.200%

 

                     October 2009                   62,737                               October 2012                     0.174%

 

                     November 2010              63,043                              November 2013                0.174%

 

 


This information is provided by RNS
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