Ashtead Group PLC Director/PDMR Shareholding
July 07 2015 - 9:17AM
UK Regulatory
TIDMAHT
Ashtead Group PLC
7 July 2015
Director / PDMR Shareholding
Ashtead Group plc (the "Company") announces that on 6 July 2015 it made the
annual awards for 2015 to 138 senior executives under its Performance Share
Plan ("PSP").
Awards under the PSP comprise the conditional right to receive ordinary shares
of 10p each which normally vest on the third anniversary of grant subject to
continued employment and the achievement of challenging performance targets set
by the Remuneration Committee. The Company intends to utilise shares held by
the Group's Employee Share Ownership Trust to fulfil any obligations to award
shares to employees which may arise in 2018.
The following awards were made to the executive directors:
Director Number of shares Percentage of issued
covered by the award share capital
Geoff Drabble 126,832 0.025
Sat Dhaiwal 35,680 0.007
Brendan Horgan 70,437 0.013
Suzanne Wood 51,867 0.010
The share price on the date of grant was GBP10.51
The exercise price for the above awards is GBP1 for all ordinary shares to
which the award relates. No consideration was paid for the grant of any of
these awards.
Contact:
Eric Watkins, General Counsel. Tel: 020 7726 9740
END
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