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Director/PDMR Shareholding

Date : 02/16/2012 @ 11:21AM
Source : UK Regulatory (RNS & others)
Stock : Catlin Grp (CGL)
Quote : 519.5  5.5 (1.07%) @ 11:35AM
Catlin Grp share price Chart

Director/PDMR Shareholding

TIDMCGL

RNS Number : 5911X

Catlin Group Limited

16 February 2012

Catlin Group Limited

16 February 2012

DIRECTORS' AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES' SHAREHOLDINGS

It is announced that an award of options over Catlin Group Limited's (the "Company") common shares of $0.01 each ("Common Shares") was made on 16 February 2012 pursuant to the Company's Performance Share Plan as follows:

 
 Name              Status                            Number of Common 
                                                    Shares covered by 
                                                                award 
 
                   Person discharging 
 Adrian Spieler     managerial responsibilities               146,049 
 

Up to 50% of the award will be eligible to vest in each of 2015 and 2016, but only to the extent that the performance conditions set forth in the Performance Share Plan are achieved.

No consideration was payable upon grant of the award or will be payable upon the exercise of any vested options.

This announcement is made in accordance with Disclosure and Transparency Rule 3.1.4 R (1)(a).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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