Director/PDMR Shareholding
May 14 2007 - 10:05AM
UK Regulatory
AGA FOODSERVICE GROUP PLC
AWARDS UNDER THE LONG-TERM INCENTIVE PLAN ('LTIP')
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
AGA FOODSERVICE GROUP PLC
2. Details of transactions
Awards under the Long-Term Incentive Plan ('LTIP')
Transaction Notified
in Accordance with
DR3.1.4 No. of
(1) (a) (1) (b) shares Date Grant
Name PDMR Director granted of grant award
W B McGrath Yes Yes 121,262 14 May 2007 Option
S Rennie Yes Yes 86,574 14 May 2007 Option
S M Smith Yes Yes 69,656 14 May 2007 Option
M A Bufton Yes 10,000 14 May 2007 Option
G J V Green Yes 10,000 14 May 2007 Option
G A O'Brien Yes 10,000 14 May 2007 Option
A Peru Yes 10,000 14 May 2007 Allocation
P M Sissons Yes 10,000 14 May 2007 Option
T S Smith Yes 10,000 14 May 2007 Option
I J Whyte Yes 10,000 14 May 2007 Allocation
3. Period during which or date on which it can be exercised
Exercise Period 14/05/2010 - 13/05/2017
4. Total amount paid (if any) for grant of the option
None
5. Description of shares or debentures involved (class and number)
Ordinary shares of 28 1/8 pence
6. Any additional information
There is a range in the number of shares each director or PDMR could be
entitled to acquire in respect of the awards dependent on two performance
criteria. Half the conditional awards of shares under the LTIP are dependent
on the Company's total shareholder return ('TSR') compared with the TSR of
companies in the FTSE 250 Index over a three year performance period. The
remaining half of the conditional awards of shares under the LTIP are subject
to EPS growth exceeding RPI growth by a minimum of 3% per annum over the
performance period. Under both performance conditions a sliding scale is in
operation and full vesting of conditional awards would be subject to superior
performance. There is a nominal �1 payable on exercise of an award granted as
an option and no charge in respect of an award granted as an allocation.
7. Name of contact and telephone number for queries
Pam Sissons 0121 711 6090
Name of duly authorised officer of issuer responsible for making notification
Pam Sissons
Company Secretary
Date of notification
14 May 2007
END
AGA Rangemaster (LSE:AGA)
Historical Stock Chart
From Sep 2024 to Oct 2024
AGA Rangemaster (LSE:AGA)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Aga Rangemaster (London Stock Exchange): 0 recent articles
More Aga Foodservice Grp News Articles