YouGov PLC Share Awards (8059Z)
December 19 2017 - 6:36AM
UK Regulatory
TIDMYOU
RNS Number : 8059Z
YouGov PLC
19 December 2017
19 December 2017
YouGov plc
("YouGov" or "the Group")
Share Awards
YouGov, the international market research and data analytics
group, announces that the Board's Remuneration Committee has
approved the conditional grant of options under the Company's two
share incentive plans which were established during the financial
year ended 31 July 2014.
Long Term Incentive Plan 2014 ("LTIP")
As announced on 13 October 2014, the YouGov LTIP is designed to
reward the Company's senior management for the achievement of
financial and share price performance targets over the five-year
period ending 31 July 2019. The vesting of awards will be dependent
on the Company achieving demanding earnings per share growth (of at
least 25% for the awards to vest in full) and also on improvement
in operating margins over the five year plan period.
Under the rules of this plan, participants are to be
conditionally awarded nil cost options to acquire shares in three
equal annual tranches in 2015, 2016 and 2017, based on their
performance against demanding personal targets for the previous
financial year. The total number of shares expected to be awarded
conditionally in this financial year (the final of the three annual
tranches) will be approximately 2 million shares including
conditional awards to individuals holding Executive Directorships
during the year as shown in the below table:
Name Number of Ordinary Shares subject
to the LTIP Award
------------------------- --------------------------------------
Stephan Shakespeare 605,530
------------------------- --------------------------------------
Alan Newman 295,663
------------------------- --------------------------------------
Doug Rivers 332,492
------------------------- --------------------------------------
Alex McIntosh 86,487
------------------------- --------------------------------------
Sundip Chahal 120,411
------------------------- --------------------------------------
Deferred Share Bonus Plan 2014 ("DSBP")
This YouGov DSBP is designed to encourage employee retention and
share ownership and the participants are key managers across the
Group's global units who do not participate in the LTIP. The total
number of shares expected to be awarded conditionally this
financial year will be approximately 150,000 shares.
Enquiries:
YouGov plc
Tilly Heald (Company Secretary) 020 7012 6000
FTI Consulting
Charles Palmer / Harry Staight 020 3727 1000
Numis Securities (Nomad and broker)
Nick Westlake / Toby Adcock 020 7260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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