Shawbrook Group PLC NOTIFICATION OF TRANSACTIONS OF PDMR (3003G)
August 04 2016 - 8:06AM
UK Regulatory
TIDMSHAW
RNS Number : 3003G
Shawbrook Group PLC
04 August 2016
4 August 2016
SHAWBROOK GROUP PLC (the Company)
NOTIFICATION OF TRANSACTIONS OF PERSON DISCHARGING MANAGERIAL
RESPONSIBILITIES (PDMR)
2016 Performance Share Plan Award
On 3 August 2016 Daniel Rushbrook, a PDMR of the Company was
granted options over 15,485 ordinary shares of GBP0.01 in the
capital of the Company in accordance with the terms of the
Shawbrook Group Performance Share Plan ("the Plan").
The awards will vest on 9 March 2019, subject to the achievement
of performance targets over the period 1 January 2016 to 31
December 2018, in accordance with the Plan rules.
The awards may be subject to malus and clawback in exceptional
circumstances in line with the Plan rules.
The awards were made for nil consideration.
The price used to calculate the number of awards was 290.60pence
being the average of the mid-market closing price of an ordinary
share of the Company on the three consecutive business days ended
23 June 2016.
This announcement is made pursuant to Disclosure and
Transparency Rule 3.1.4.
For further information please contact
Gordon Ellis
Head of Secretariat
01277 751110
gordon.ellis@shawbrook.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHXZLFBQVFBBBZ
(END) Dow Jones Newswires
August 04, 2016 09:06 ET (13:06 GMT)
Shawbrook (LSE:SHAW)
Historical Stock Chart
From Apr 2024 to May 2024
Shawbrook (LSE:SHAW)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Shawbrook (London Stock Exchange): 0 recent articles
More Shawbrook News Articles