Promethean World Plc PDMR Share Awards (2125I)
01 July 2013 - 4:00PM
UK Regulatory
TIDMPRW
RNS Number : 2125I
Promethean World Plc
01 July 2013
1 July 2013
Promethean World Plc
('Promethean' or 'the Company')
PDMR Share Awards
Promethean World Plc (LSE: PRW) announces that on 28 June 2013
the following awards in respect of ordinary 10p shares in
Promethean were made by the Company to a member of the Company's
Senior Management Team under the Company's share plans, being the
Promethean Performance Share Plan 2011 ("PSP") and the Promethean
Company Share Option Plan 2010 ("CSOP").
The award made under the PSP is a conditional right to acquire
shares, requiring no payment by the individual to acquire the
shares.
The award made under the CSOP has an exercise price of 12.875p
per share, being the mid market value on the business day prior to
the date of grant. This is payable on the date of exercise of the
relevant option.
PDMR Number of conditional Number of Share
share awards awarded Options awarded
pursuant to the pursuant to the
PSP(1) CSOP(2)
--------------- ---------------------- -----------------
Morten Brante 250,000 90,000
--------------- ---------------------- -----------------
(1) PSP awards have no performance conditions and will vest over
a three year period
(2) CSOP share options have no performance conditions attached
and will vest on the third anniversary of grant.
Enquiries
Promethean
Andrew Batchelor, Company Secretary + 44 (0) 1254 290749
Citigate Dewe Rogerson Consultancy + 44 (0) 20 7638 9571
Anthony Carlisle + 44 (0) 7973 611 888
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSFMGZVNRNGFZM
Promethean (LSE:PRW)
Historical Stock Chart
From Jun 2024 to Jul 2024
Promethean (LSE:PRW)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Promethean (London Stock Exchange): 0 recent articles
More Promethean News Articles