RNS Number : 3662Y
Accident Exchange Group PLC
04 July 2008
4 July 2008
Accident Exchange Group Plc
('Accident Exchange' or the 'Company')
Director / PDMR Share Option and LTIP Grants and Awards
On 3 July 2008 the Company requested that the trustee of the Company's Long Term Incentive
Plan ('LTIP') award LTIP options as soon as
possible to certain of the Company's Executive Directors and Persons Discharging Managerial
Responsibility ('PDMR') as detailed below.
The options will vest on the expiry of three years from the date of grant provided that
the Company meets the relevant performance
target in relation to each of the option grants. Options which vest may be exercised between
three and ten years from the date of grant.
The table below sets out details of the number of underlying shares contained under each
relevant grant or award. These transactions are
notified as required by Disclosure Rule 3.1.4 (R)(1)(a).
Name of Director/PDMR Number of shares Total number of
over which options shares over which
have been granted options are held
following this
notification
Martin Andrews 628,272 1,006,084
Martin Bramwell 78,534 175,506
Timothy Eaves 78,534 171,132
Steve Evans 659,686 1,094,942
Liz Fisher 78,534 178,899
Ray Ford 78,534 78,534
Gordon Grant 78,534 93,417
Alistair Horsburgh 78,534 167,565
Stephen Jones 78,534 173,146
Michael Killoury 78,534 93,417
Adrian Lewis 78,534 93,417
Vince Powell 78,534 138,232
Nicola Roy 78,534 181,761
Steve Salt 78,534 93,417
Roderick Seel 78,534 175,506
Simon Sheldon 78,534 78,534
Lee Woodley 78,534 169,398
David Whatley 78,534 164,561
The exercise price of the options granted under each of the option awards set out in
column 2 above is £1 in aggregate per award.
Contacts:
Accident Exchange Group Plc
Steve Evans, Chief Executive 08700 116 719
Martin Andrews, Group Finance Director 08700 053 649
Bankside
Steve Liebmann or Simon Bloomfield 020 7367-8888
This information is provided by RNS
The company news service from the London Stock Exchange
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