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Havelock Europa PLC (HVE)

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Thursday 14 June, 2012

Havelock Europa PLC

Disclosure of Director's Interest in Shares

RNS Number : 4017F
Havelock Europa PLC
14 June 2012
 



Havelock Europa PLC (the "Company")

 

Disclosure of Director's Interest in Shares

 

The Remuneration Committee of the Board has made the following awards of shares under the Company's Long Term Incentive Plan 2006:

 

E Prescott         530,000 shares

GM Findlay       320,000 shares

 

The awards will vest after the announcement of the Preliminary Results for the year to 31 December 2014 at nil cost based on the rules of the scheme dependent on meeting a target for Total Shareholder Return and further targets in relation to Earning per Share ("EPS") and Return on Capital Employed ("RoCE") during the performance period which is the three years commencing January 2012. Each award comprises an EPS element representing 50% of the award and a RoCE element representing the balance.

 

Enquiries

Havelock Europa

01383 820044

Eric Prescott, Chief Executive

Grant Findlay, Finance Director

 

Investec

James Grace

Keith Anderson

020 7597 4000

 

 

Cardew Group

020 7930 0777

Robert Ballantyne

Shan Shan Willenbrock

 

 

 


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