Information  X 
Enter a valid email address

EMI Group PLC (EMI)

  Print      Mail a friend

Thursday 13 June, 2002

EMI Group PLC

Director Shareholding


To comply with paragraph 16.13 of the Listing Rules, we advise that, as of 28th
May 2002, under the terms of the Senior Executive Incentive Plan (SEIP) and
following the satisfaction of the relevant performance criteria, certain
participants in the SEIP, who had elected not to receive their annual bonus for
the year ended 31st March 2002 in cash, received an award of EMI Group plc
Ordinary Shares of 14p each (Ordinary Shares) deferred for a period of either
three or six years.   During the deferral period, the shares do not earn
dividends but the number of shares is increased by one-third if deferred for
three years and by two-thirds if deferred for six years.   The award so made to
Mr Roger Faxon, an Executive Director of the Company, was 112,628 Ordinary
Shares deferred for three years with a 1 for 3 matching award of 37,542
Ordinary Shares.