PDG Pendragon Plc

 
TIDMPDG 
 
09 March 2015 
 
                         Pendragon PLC ("the Company") 
 
Conditional awards for 2015 under the Pendragon Long Term Incentive Plan 
("LTIP") 
 
Performance Awards under the LTIP were granted on 09 March 2015 to the 
executive directors listed below:- 
 
Director   Number of performance awards 
 
T G Finn                      1,764,593 
 
M S Casha                     1,113,236 
 
T P Holden                      840,704 
 
H C Sykes                       490,164 
 
 
Vesting of the Performance Awards under the LTIP is subject to the satisfaction 
of performance conditions based on achieving defined earnings per share targets 
measured from the 2014 earnings per share result over a three year performance 
period, and subject to an underpin of creating absolute total shareholder 
value:- 
 
Annual EPS Growth (three year performance period) Vesting Percentage: 
 
Less than RPI +4%                                 0% 
 
RPI + 4%                                          25% 
 
RPI + 10%                                         100% 
 
Straight line vesting between performance points 
 
 
If the performance condition is not satisfied, none of the LTIP award shares 
will vest. 
 
Following the award of the above Performance Awards, the executive directors' 
respective beneficial holdings in Pendragon PLC ordinary shares remains 
unchanged, and are as detailed below:- 
 
Director   Number of Shares Percentage of issued capital 
 
T G Finn   34,317,691       2.35% 
 
M S Casha  7,135,869        0.49% 
 
H C Sykes  2,535,988        0.17% 
 
T P Holden 1,127,015        0.08% 
 
 
This announcement is intended to satisfy obligations under the Disclosure and 
Transparency Rules 3.1.4R(1). 
 
 
HILARY C SYKES 
 
09 MARCH 2015 
 
 
Enquiries:      Pendragon PLC       Trevor Finn         Tel: 01623 725114 
                                    Tim Holden 
 
                RLM Finsbury        Gordon Simpson      Tel: 0207 1513801 
 
 
                                    -ENDS- 
 
 
 
END 
 

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