FIH Group PLC Director's Dealings (3265I)
16 June 2017 - 7:30PM
UK Regulatory
TIDMFIH
RNS Number : 3265I
FIH Group PLC
16 June 2017
16 June 2017
FIH group plc
("FIH" or "the Company")
Director's Dealings
FIH group plc, the AIM quoted international group which owns
essential services businesses focused on retail, transport and
logistics announces that under the terms of the Company's Long Term
Incentive Plan, the Chief Executive, Mr. John Foster was today
granted 9,649 nil cost options ("Options") in FIH, at a price of
285 pence, being the average of the Company's closing share price
for the preceding three business days.
The Options were approved by the Remuneration Committee in June
2017 and will vest in three equal tranches on the first three
anniversaries of the date of grant and to the extent not exercised
shall lapse on the fourth anniversary of the date of grant,
provided Mr. Foster remains in employment. The number of Options
granted was calculated based on the GBP27,500 of his bonus awarded
as Options, divided by the 285 pence average share price over the
preceding three days.
These Options are not deemed to represent a beneficial holding
until the vesting conditions linked to continued employment have
been met.
The underlying beneficial ownership of shares held by Mr. Foster
is 78,127 shares representing 0.63 per cent. of the Company's
12,434,418 total voting rights.
Enquiries:
FIH group plc
John Foster, Chief Executive Tel: 01279 461 630
WH Ireland Ltd. - NOMAD and Broker
to FIH
Adrian Hadden / Alex Bond Tel: 0207 220 1666
FTI Consulting
Edward Westropp / Eleanor Purdon Tel: 020 3727 1000
This information is provided by RNS
The company news service from the London Stock Exchange
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