Telecom Plus PLC Director/PDMR Shareholding (7138B)
09 January 2015 - 4:22AM
UK Regulatory
TIDMTEP
RNS Number : 7138B
Telecom Plus PLC
08 January 2015
Telecom Plus PLC (the "Company")
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
Further to the announcement made on 10 October 2014, Telecom
Plus PLC is pleased to confirm that Nick Schoenfeld joined the
Board of the Company on 7 January 2015 as Chief Financial
Officer.
In accordance with the terms of his appointment, Nick has been
granted options over 300,000 5p ordinary shares of the Company (the
"Options"). In line with the Company's remuneration policy the
vesting of the Options will be made subject to performance
conditions, details of which will be set out in the Company's next
Annual Report and Accounts.
The Options were granted on 7 January 2015 with an exercise
price of 1262p per share and will vest according to the following
schedule:
Shares under Exercise date Expiry date
option
------------- --------------- ---------------
100,000 7 January 2018 6 January 2025
------------- --------------- ---------------
50,000 7 January 2019 6 January 2025
------------- --------------- ---------------
50,000 7 January 2020 6 January 2025
------------- --------------- ---------------
50,000 7 January 2021 6 January 2025
------------- --------------- ---------------
50,000 7 January 2022 6 January 2025
------------- --------------- ---------------
No other interests in the ordinary shares of the Company are
currently held by Nick Schoenfeld.
For further information, please contact:
Telecom Plus PLC
David Baxter
Tel: (020) 8955 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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