IAP ICAP

TIDMIAP

RNS Number : 4582P

ICAP PLC

17 November 2016

ICAP plc (the Company)

Grant of share awards under the ICAP plc 2015 Deferred Share Bonus Plan (DSBP) and 2015 Performance Share Plan (PSP).

On 16 November 2016, the following persons discharging managerial responsibilities (PDMRs) were awarded the following share awards under the DSBP:

 
 PDMR                         DSBP AWARD 
 Ken Pigaga                       63,738 
  Seth Johnson                    38,616 
 

The DSBP awards will normally vest on 24 May 2019 subject to the participant continuing to hold office or employment within the ICAP Group.

On 16 November 2016, the following PDMRs were awarded the following conditional share awards under the PSP:

 
 PDMR             PSP AWARD 
 Ken Pigaga          63,738 
  Seth Johnson       38,616 
 

The PSP awards will normally vest on 24 May 2019 subject to the participant continuing to hold office or employment within the ICAP Group and the achievement of the following performance conditions measured over a three year period to 31 March 2019:

1. 50% of the PSP award will be subject to a Total Shareholder Return performance condition; and

2. the remaining 50% of the PSP award will be subject to a point-to-point EPS performance condition.

ICAP plc

17 November 2016

Contact:

   Victoria Mellor         Group Head of Marketing and Communications        +44 (0) 20 7029 9074 

Alex Dee Head of Investor Relations +44 (0) 20 7050 7420

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLIFSALELDLIR

(END) Dow Jones Newswires

November 17, 2016 05:00 ET (10:00 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