Director/PDMR Shareholding

RNS Number : 7150J

Cranswick PLC

30 June 2017

 

Director/PDMR Shareholding

Cranswick plc ("the Company")

The Company has been notified that the following award of LTIP options has been made, pursuant to the Company's Cranswick plc Long Term Incentive Plan (the "Scheme"), to certain Directors/Persons Discharging Managerial Responsibility ("PDMR") over 100,360 ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as follows:  

Name	No. of LTIP options	Market price per share (p)
Martin Davey	16,000	2952.22
Adam Couch	31,400	2952.22
Mark Bottomley	20,800	2952.22
Jim Brisby	20,800	2952.22
Chris Aldersley	11,360	2952.22

In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made to the Executive Directors, on 30^th June 2017, based on a share price of 2952.22 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant being 1^st June 2017.

The LTIP options have been granted on a conditional basis and no shareholder rights will be conferred upon the grantee until the LTIP options have vested. Such vesting is subject to the achievement of the performance criteria of the Scheme over the 3 year measurement period to 31 March 2020.

Enquiries:

Malcolm Windeatt

Company Secretary

Cranswick plc

01482 372000

 

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