ICAP PLC Director/PDMR Shareholding (4776F)
November 12 2015 - 4:07AM
UK Regulatory
TIDMIAP
RNS Number : 4776F
ICAP PLC
12 November 2015
ICAP plc (the "Company")
Grant of share awards under the ICAP plc 2015 Performance Share
Plan (PSP).
On 11 November 2015 the following persons discharging managerial
responsibilities (PDMRs) were awarded the following conditional
share awards under the PSP:
Executive Director PSP AWARD
Michael Spencer 173,262
PDMR PSP AWARD
David Casterton 52,995
Hugh Gallagher 22,218
Seth Johnson 22,081
Gil Mandelzis 144,098
Laurent Paulhac 23,055
Ken Pigaga 48,579
These awards will normally vest on 28 May 2018 subject to the
participant continuing to hold an office or employment within the
ICAP group and the achievement of the following performance
conditions measured over the three year period:
1. half the 2015 PSP award will be subject to a Total
Shareholder Return performance condition; and
2. the remaining 50% of the 2015 award will be subject to a
point-to-point EPS performance condition.
It is intended that these PSP awards, being 486,288 ordinary 10p
shares, will be satisfied from Treasury shares.
Stuart Bridges
As previously announced, Stuart Bridges' commenced employment on
1 September 2015 and has forfeited certain deferred awards from his
previous employer. In order partially to compensate him for this,
on 11 November 2015, he was awarded two share awards, each of
98,750 ICAP plc shares, under the ICAP PSP. The first award will
vest on 1 September 2016 and the second on 1 September 2017 with
both awards being subject only to continued service, malus and
clawback.
In addition, Stuart Bridges, as a PDMR, was awarded the
following conditional share award under the PSP:
Executive Director PSP AWARD
Stuart Bridges 197,500
The vesting, detailed performance conditions and satisfaction of
this award are all as detailed above.
ICAP plc
12 November 2015
Contact:
Serra Balls Group Head of Communications +44 (0) 20 7050 7103
Alex Dee Head of Investor Relations +44 (0) 20 7050 7123
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSLLFIILRLFLIE
(END) Dow Jones Newswires
November 12, 2015 05:07 ET (10:07 GMT)
ICAP (LSE:IAP)
Historical Stock Chart
From Apr 2024 to May 2024
ICAP (LSE:IAP)
Historical Stock Chart
From May 2023 to May 2024