Cranswick PLC Director/PDMR Shareholding (6275V)
August 10 2015 - 11:06AM
UK Regulatory
TIDMCWK
RNS Number : 6275V
Cranswick PLC
10 August 2015
Director/PDMR Shareholding
Cranswick plc ("the Company")
The Company has been notified that the following award of LTIP
options has been made, pursuant to the Company's Cranswick plc Long
Term Incentive Plan (the "Scheme"), to certain Directors/Persons
Discharging Managerial Responsibility ("PDMR") over 173,900
ordinary shares of 10 pence each in the Company ("Ordinary
Shares"), as follows:
Market price
No. of LTIP per share
Name options (p)
Martin Davey 28,200 1627.99
Adam Couch 54,200 1627.99
Mark Bottomley 35,900 1627.99
Jim Brisby 35,600 1627.99
Chris Aldersley 20,000 1600.00
In accordance with the LTIP scheme rules for conditional awards,
the LTIP options were made to the Executive Directors based on a
share price of 1627.99 pence per Ordinary Share, being the average
quoted market price of the Company's shares on the three dealing
days prior to the date of grant being 1(st) August 2015.
The share price at the date the options were considered, and
later awarded, to Chris Aldersley, the Chief Operating Officer, was
1600p on 24(th) July 2015.
The LTIP options have been granted on a conditional basis and no
shareholder rights will be conferred upon the grantee until the
LTIP options have vested. Such vesting is subject to the
achievement of the performance criteria of the Scheme over the 3
year measurement period to 31 March 2018.
Enquiries:
Malcolm Windeatt
Company Secretary
Cranswick plc
01482 372000
This information is provided by RNS
The company news service from the London Stock Exchange
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