GSD Goldshield Grp

    RNS Number : 2939F
  Goldshield Group plc
  07 October 2008
   

    7 October 2008


    Goldshield Group plc (the 'Company')

    Director/PDMR Shareholding

    Grant of Restricted Shares under the Goldshield Group plc Long Term Share Incentive Plan 

    The Company announces that on 17th September 2008 awards of ordinary shares of 5p each were made to senior executives under the
Goldshield Group plc Long Term Share Incentive Plan (the 'Plan'), which included the following awards made to executive directors.


    +---------------+------------------------------+------------------+    |Name           |Position                      |Number of
ordinary|
    |               |                              |shares of 5 p each|
    +---------------+------------------------------+------------------+    |Rakesh Patel   |Chief Executive Officer       |211,243  
        |
    |               |                              |                  |
    |               |                              |                  |
    +---------------+------------------------------+------------------+    |Ajay Patel     |Group Executive Director      |106,509  
        |
    |               |                              |                  |
    |               |                              |                  |
    +---------------+------------------------------+------------------+    |Ram Swamy      |Chief Financial Officer       |47,337   
        |
    |               |                              |                  |
    |               |                              |                  |
    +---------------+------------------------------+------------------+

    Subject to the rules of the Plan and the satisfaction of the performance conditions, these awards are anticipated to vest three years
from the date of grant.

    In addition, Mr. Rakesh Patel has existing awards under the Goldshield Group plc Long Term Share Incentive Plan of 192,890 ordinary
shares of 5p, awards under the Goldshield Group plc Unapproved Share Option Plan of nil ordinary shares of 5p each and also has a beneficial
interest in 655,804 ordinary shares of 5p each representing 1.8 per cent of the issued ordinary share capital of the Company, to the effect
that 1,650,000 treasury shares have not been included in the total shares denominator.

    In addition, Mr. Ajay Patel has existing awards under the Goldshield Group plc Long Term Share Incentive Plan of 119,593 ordinary shares
of 5p, awards under the Goldshield Group plc Sharesave scheme of 6,531 ordinary shares of 5p each and also has a beneficial interest in
495,000 ordinary shares of 5p each representing 1.3 per cent of the issued ordinary share capital of the Company, to the effect that
1,650,000 treasury shares have not been included in the total shares denominator


    Mr. Ram Swamy does not have any existing awards and does not hold any beneficial interest in ordinary share capital of the Company.

    7 October 2008

    Enquiries:
    Goldshield Group plc
    Rakesh Patel, Chief Executive
    Tel: 020 8649 8500


    Panmure Gordon
    Edward Farmer
    Tel: 020 7459 3600


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

    END


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

Goldshield (LSE:GSD)
Historical Stock Chart
From Jun 2024 to Jul 2024

Goldshield (LSE:GSD)
Historical Stock Chart
From Jul 2023 to Jul 2024