RNS Number : 5458P
Empresaria Group PLC
04 October 2011
 

Empresaria Group plc

("Empresaria" or the "Company")

 

Awards pursuant to the Company's Long Term Incentive Plan

 

The Company announces that on 3rd October 2011, the following director and senior executive accepted offers from the Remuneration Committee of the Company's Board of conditional nil cost share options ("Awards") over ordinary shares of 5 pence each in the Company ("Ordinary Shares"), pursuant to the Company's Long Term Incentive Plan ("LTIP") which was approved by shareholders on 10th July 2008:

 

Name

Number of LTIP options

Spencer Wreford (Group Finance Director)

500,000

Joost Kreulen (Chief Executive elect)

720,000

 

Vesting of the Awards is subject to the achievement of the earnings per share and share price performance criteria of the LTIP, set by the Remuneration Committee, over the Award holding period to 31st March 2015.

 

Further details of the Awards will be contained in the Company's report and accounts for the year ending 31st December 2011.

 

For further information contact: 

 

Empresaria Group plc                                                 01342 711430

 

Miles Hunt, Chief Executive 

Spencer Wreford, Group Finance Director 

 

Altium                                                                         0207 484 4040 

 

Tim Richardson

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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