Director/PDMR Shareholding

RNS Number : 1012D
Costain Group PLC
10 May 2012
 



 

 

Costain Group PLC
("Costain" or the "Company")

 

2012 Costain Group PLC Long-Term Incentive Plan

This notification is made in accordance with DTR 3.1.4(1).

 

The Company announces details of Awards in the form of nil-cost options over ordinary shares in the Company of 50p each made on 9 May 2012 under the Costain Group PLC Long-Term Incentive Plan (LTIP).  No consideration was paid for the grant of the Awards.  

 

The vesting of the Awards is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The Awards will normally become exercisable on the later of the third anniversary of grant and the determination of the performance conditions, following the end of the Company's financial year ending 31 December 2014. 

 

Awards were made to the following Executive Directors:

 

Name                                                               Number of Shares subject to the Award

Mr A Wyllie, Chief Executive

207,044

Mr A O Bickerstaff, Finance Director

137,167

 

The Company was informed of the above transactions on 9 May 2012.

London, 10 May 2012

 

Enquiries:

Costain Group PLC

Tel: 01628 842444

Tracey Wood




College Hill     

Tel: 020 7457 2020

Mark Garraway




 

 

 

 


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