HSV Homeserve Plc

TIDMHSV

RNS Number : 5750X

Homeserve Plc

22 February 2017

HomeServe plc

Vesting of Awards under the

HomeServe 2008 Long Term Incentive Plan (the 'LTIP')

Martin Bennett, a Director, has acquired shares following the vesting of shares under the LTIP.

Awards were granted on 24 June 2013 and were subject to a performance condition relating to comparative total shareholder return. The awards were subject to a three year performance period. This period has now ended, the performance condition has been assessed and awards have vested in full.

Mr Bennett held a performance award over 202,630 ordinary shares and a matching award over 192,038 ordinary shares. Both awards were structured as nil cost options.

The shares were acquired on 21 February 2017 and Mr Bennett sold 252,000 shares immediately at a price of GBP5.86.

Mr Bennett now holds 525,557 ordinary shares (0.17% of the issued share capital).

22 February 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

February 22, 2017 08:46 ET (13:46 GMT)

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