Employee Incentive Arrangement

RNS Number : 0182D

Impax Asset Management Group plc

16 March 2011

 



16 March 2011

Impax Asset Management Group plc

(the 'Company')

Fulfilment of Performance Target re Employee Incentive Arrangement

Impax Asset Management Group plc today announces that the Company performance target in relation to its Employee Incentive Arrangement has been successfully achieved for the financial year ended 30^th September 2010. 

Accordingly, and in the light of its assessment of individuals' performance, the Company's Remuneration Committee is shortly expected to grant awards in respect of 18.25 million of the Company's ordinary shares to certain of the Company's management and employees.  A further announcement will be made confirming the granting of awards in due course. 

Enquiries: Impax Asset Management Group plc
Ian Simm, Chief Executive		020 7434 1122
Keith Falconer, Chairman
Execution Noble & Company Limited
John Riddell / Harry Stockdale		0207 456 9191
	MHP Communications Limited
	Gay Collins	0203 128 8582			[e-mail]
	Shona Prendergast	0203 128 8584			[e-mail]

 

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