Director/PDMR Shareholding

Released : 15/02/16 16:43

RNS Number : 1289P
Matchtech Group PLC
15 February 2016
 

15 February 2016

Matchtech Group PLC (the "Company")

 

Director / PDMR Shareholding

 

On 10 February 2016 (the "Grant Date") Matchtech Group PLC (the "Company") granted the following conditional Share Awards over ordinary shares in the Company to its Executive Directors under the Matchtech Group PLC 2006 Long-Term Incentive Plan (the "LTIP"):

 

Name

Number of shares

Brian Wilkinson        

19,298

Tony Dyer                    

12,632

Keith Lewis                  

12,632

 

The LTIP award is a conditional grant of shares, which only vests and becomes exercisable on the third anniversary of the Grant Date, subject to the Executive Director continuing to hold an office or employment within the Company and the achievement of an earnings per share target over the three year period.

 

No consideration was paid for the grant of the Share Awards.

 

The Company also announces that on 12 February 2016 Chief Financial Officer, Tony Dyer exercised in part and sold 15,000 ordinary shares of 1 pence each in the Company which had previously vested under the LTIP at 420 pence per share.

Mr and Mrs Dyer's total interest in the Company remains at 309,954 shares, 1.01% of the Company's issued share capital. 

- ENDS -

 

For further information please contact:

 

Matchtech Group PLC                             

+44 (0) 1489 898989

Brian Wilkinson, Chief Executive Officer    

Tony Dyer, Chief Financial Officer        

 

Citigate Dewe Rogerson

+44 (0) 20 7638 9571

Rob Newman / Nick Hayns

 

Numis Securities Limited

+44 (0) 20 7260 1000

Michael Meade / James Serjeant

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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