Director/PDMR Shareholding

RNS Number : 6880M
Macfarlane Group PLC
08 May 2015
 



 

Macfarlane Group PLC

 

Director/PDMR shareholding

 

 

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

 

On 8 May 2015, the following awards over ordinary shares in the Company were made under the Macfarlane Group PLC Long Term Incentive Plan (the "Plan") to Directors of the Company.

 

Name of Director

 

Number of shares under the Award

Peter Atkinson

775,254

John Love

360,206

 

No consideration was paid for the grant of the award, which is structured as a nominal cost option (with £1 payable in aggregate). 

 

The vesting of an award is subject to continued employment of the participant and the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The award will normally vest on the later of the third anniversary of grant and the determination of the performance conditions. 

 

The Company was informed of the above transactions on 8 May 2015.

 

Name of contact and telephone number for queries: Andrew Cotton    0141 333 9666.

 

For and on behalf of Macfarlane Group PLC

 

Andrew Cotton

Date: 8 May 2015


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