Business
Director/PDMR Shareholding
Director/PDMR Shareholding.
About this update from Animalcare Group Plc
[{"type":"text","content":"\n \nRNS Number : 7161B Animalcare Group PLC 10 June 2019 \n\n 10 June 2019\n \nANIMALCARE GROUP PLC\n (the \"Company\")\nGrant of options to Persons Discharging Managerial Responsibility (\"PDMRs\") \n \nAnimalcare Group plc (AIM: ANCR), the pan-European Animal Health business, announces that, on 6 June 2019, nil-cost options over a total of 425,279 ordinary shares with a nominal value of 20p per share (\"the Options\") were awarded to certain Executive Directors and PDMRs of the Company and to members of the Leadership Team pursuant to the Company's Long Term Incentive Plan.\n \nThe awards will normally vest three years after the date of grant subject to the following performance criteria being met over the three year financial period ending 31 December 2021. The Options will vest to the extent the following performance conditions based on EPS and TSR are met:\n \n\n\n\n\nEarnings Per Share growth\n\n\nExtent to which EPS tranche will vest\n\n\n\n\nLess than 3%\n\n\n0%\n\n\n\n\n3%\n\n\n25%\n\n\n\n\n8%\n\n\n100%\n\n\n\n\nBetween 3% and 8%\n\n\nBetween 25% and 100% on a straight line basis\n\n\n\n\n \n\n\n\n\nRank of the Company's TSR compared to the Comparator Group\n\n\nExtent to which the TSR tranche will vest\n\n\n\n\nUpper quartile or above\n\n\n100%\n\n\n\n\nBetween median and upper quartile\n\n\nPro rata between 25% and 100% on a ranking basis\n\n\n\n\nMedian\n\n\n25%\n\n\n\n\nBelow median\n\n\n0%\n\n\n\n\n \n50% of the option award will be subject to the EPS performance condition and the remaining 50% will be subject to the TSR performance condition. Accordingly, if one of the performance conditions is met but the other is not, the Option award will vest in part. \n \nAfter the grant of the Options, the PDMRs set out below hold the following Options and ordinary shares:\n \n\n\n\n\nPDMR\n\n\nOptions Awarded\n\n\nTotal Options\n\n\nOrdinary Shares\n\n\n\n\nJennifer Winter\n\n\n177,570\n \n\n\n177,570\n \n\n\n0\n\n\n\n\nChris Brewster\n\n\n 76,636\n \n\n\n 76,636\n\n\n280,513\n\n\n\n\n \nOptions over a further 171,073 ordinary shares were granted to members of the Leadership Team.\n \nThe notification in respect of the Option Awards set out in the Annex below was made subject to the requirements of Article 19 of the...