REG - Matchtech Group PLC - Grant of Share Options

Released : 19/01/10 15:00

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RNS Number : 7937F
Matchtech Group PLC
19 January 2010
 
 
19 January 2010
Matchtech Group PLC
Matchtech Group PLC (the "Company") announces that its Remuneration Committee has granted the following share awards ("LTIP
Awards") in the form of nil-cost options to its Executive Directors on 18 January 2010 at a price of 252.5 pence per share
under the Matchtech Group PLC 2006 Long-Term Incentive Plan (the 'LTIP'):- 
 
 Name  Number of Shares subject to LTIP Award  
 
 
 Adrian Gunn   25,000  
 Anthony Dyer  16,000  
 
 
The LTIP Awards will be capable of release and become exercisable at the end of a three year holding period, subject to the
Executive Director being continuously employed and the achievement of corporate performance conditons.
The release of LTIP Awards is subject to the satisfaction of cumulative earnings per share targets over a three year
performance period. In addition there will be a Total Shareholder Return underpin.  
-Ends-
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