Director/PDMR Shareholding

RNS Number : 7449H

S & U PLC

24 June 2013

 





24 June 2013

S & U PLC ("S&U" or "the Company")

Director/PDMR Shareholding

The Company has granted share options in respect of 7,000 ordinary shares of 12.5p each in S & U to a Company Director under the Company's 2010 Long Term Incentive Plan ("LTIP"). 

The options award was made on 21 June 2013. 

The earliest date the award will be capable of exercise is on 21 June 2016 at an exercise price of 12.5p each. Under the terms of the LTIP the award of 7,000 options was made to CH Redford. The vesting of these options will be subject to rigorous performance conditions and is also subject to remaining in employment with the Company until 21 June 2016.

The award is as follows:

Name of Director	Number of ordinary shares under option awarded	Total number of shares over which options held under LTIP and DSOP following notification
CH Redford	7,000	26,000

For further information, please contact: 

Anthony Coombs, Chairman                         S&U plc                               0121 705 7777

Financial Advisers, Sponsors and Brokers

Adrian Trimmings/ Jamie Cameron                Arden Partners plc                020 7614 5920

Media and Investor Relations

Will Swan/ Rebecca Hunt                             Smithfield                              020 7360 4900 

 

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