Director/PDMR Shareholding

RNS Number : 0095B
4imprint Group PLC
30 March 2017
 

30 March 2017

 

4imprint Group plc

Director/PDMR shareholding

 

4imprint 2015 Incentive Plan Awards

4imprint Group plc ("4imprint" or the "Company") announces that, on 30 March 2017, conditional share awards were granted for nil consideration over the following numbers of ordinary shares of 38 6/13 pence each in the Company, pursuant to the 4imprint 2015 Incentive Plan:

Kevin Lyons-Tarr

Chief Executive Officer

4,121

David Seekings

Chief Financial Officer

2,747

 

The conditional share awards will vest three years after the date of grant.  It is anticipated that the awards will be satisfied by the issue of new shares.

Under the provisions of the 4imprint 2015 Incentive Plan, 50% of any annual bonus is deferred into shares through the award of nil cost options or conditional share awards.

The number of nil cost options or conditional share awards is determined by dividing the amount of the annual bonus being deferred by the price of a 4imprint share on 31 December preceding the year in which the awards are made.

In respect of the awards currently being made, the price of a 4imprint share on 31 December 2016 was £17.75p.

 

Enquiries:

Andrew Scull

Company Secretary

4imprint Group plc

Tel. + 44 (0) 20 7299 7201

 

 Note:

The 4imprint 2015 Incentive Plan was approved by Shareholders at the Company's 2015 AGM


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