Notification of Directors' Interest in Shares

RNS Number : 1146E

Fisher (James) & Sons PLC

01 April 2011

 



1 April 2011

James Fisher and Sons plc ("the Company")

Notification of Directors' Interest in Shares

The Company has granted options to the executive directors of the Company under the Long Term Incentive Plan (2001) which was approved by shareholders in April 2001 and the Executive Share Option Scheme (2005) which was approved by shareholders on 29 April 2005 and the Inland Revenue on 17 June 2005.

Long Term Incentive Plan

Awards for the appropriation of shares (options) have been granted under the Long Term Incentive Plan at an exercise price of nil cost.  The awards are subject to the Plan rules and will vest on 30 March 2014 provided certain performance conditions are met.

No consideration was paid for the grant of these awards.

Executive Share Option Scheme

Options have been granted under the Executive Share Option Scheme at a price of 521.67p per share.  The options are subject to the performance conditions stipulated in the Scheme rules and are exercisable from 30 March 2014 to 30 March 2021 provided that the performance conditions are met.

Details of the award under each of these schemes are as follows:

	Number of Ordinary Shares under Option pursuant to the LTIP prior to the award	Options Granted over Ordinary Shares pursuant to the LTIP	Total number of Ordinary Shares under Option pursuant to the LTIP
T C Harris	162,026	52,979	215,005
N P Henry	103,936	35,411	139,347
S C Kilpatrick	-	23,659	23,659
S A Harris	62,201	20,281	82,482

	Number of Ordinary Shares under Option pursuant to the Executive Share Option Scheme prior to the award	Options Granted over Ordinary Shares pursuant to the Executive Share Option Scheme	Total number of Ordinary Shares under Option pursuant to the Executive Share Option Scheme
T C Harris	532,190	73,466	605,656
N P Henry	254,011	49,105	303,116
S C Kilpatrick	-	32,808	32,808
S A Harris	146,823	28,124	174,947

This announcement is made in accordance with the requirements of DTR 3.1.4

Contact

James Fisher and Sons plc

Tim Harris

Chairman

020 7614 9508

 

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