Mothercare PLC Mothercare Plc : Director/Pdmr Shareholding
09 August 2016 - 11:25PM
UK Regulatory
TIDMMTC
To The London Stock Exchange
9 August 2016
Mothercare plc
Director/PDMR shareholdings
Mothercare 2012 Long Term Incentive Plan - 2016 grant
Mothercare plc announces that awards under the Mothercare 2012 Long Term
Incentive Plan were made to the following directors/persons discharging
managerial responsibilities on 8 August 2016 in the form of nil cost
options:
Director/PDMR Number of shares
Mark Newton-Jones 906,666
Richard Smothers 460,185
The awards will vest in whole or part subject to the achievement of
stretching corporate performance conditions. The performance measures
are 50% total shareholder return (TSR) measured against a comparator
group and 50% earnings per share (EPS). 50% of the awards will vest
after the third anniversary of the award date and 50% of the awards will
vest after the fourth anniversary of the award date subject to meeting
performance criteria.
No consideration is payable for the grant of these awards.
Further information: investorrelations@mothercare.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Mothercare Plc via Globenewswire
HUG#2034106
http://www.mothercare.com
(END) Dow Jones Newswires
August 09, 2016 09:25 ET (13:25 GMT)
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