Information  X 
Enter a valid email address

ITE Group PLC (ITE)

  Print      Mail a friend       Annual reports

Wednesday 18 January, 2006

ITE Group PLC

Director/PDMR Shareholding

ITE Group PLC
18 January 2006



                                 ITE GROUP PLC

Notification of change in Directors' interests

On 17 January 2006 ITE Group plc granted Contingent Awards and Options over the
Company's ordinary shares as follows:

Contingent Awards over ordinary shares

Contingent Awards were granted to Directors to acquire ordinary shares in the
Company free of charge under the terms of, and subject to the performance and
other conditions set out in the ITE Group plc Employees Performance Share Plan
2004 as set out below:

Ian Tomkins           196,000

Russell Taylor        106,400

Edward Strachan        16,800

Contingent Option to acquire ordinary shares at 1p each

A Contingent Option to acquire ordinary shares in the Company at an exercise
price of 1p per share has been issued under the and terms of, and subject to the
performance and other conditions set out in the ITE Group plc Key Contractors'
Performance Share Plan 2004 as set out below:

Edward Strachan       149,800


In addition to the above awards to Directors, ITE Group plc has issued a further
889,800 Contingent Awards to other staff to acquire ordinary shares in the
Company under the terms of, and subject to the performance and other conditions
as set out in the ITE Group plc Employees Performance Share Plan 2004.

As set out in the annual report, the vesting of the Contingent Awards and the
Contingent Option are dependent on certain performance targets being met. The
performance targets for these Awards and Options are based on aggregate diluted
earnings per share figures achieved over a three year period from 1 October
2005.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
                KEFE