Business
Grant of Awards - Employee Sh
Grant of Awards - Employee Sh.
About this update from Avon Technologies Plc
[{"type":"text","content":"\n RNS Number : 6677I Avon Rubber PLC 16 March 2010 \n \n\n16 March 2010\nGrant of Awards - Employee Share Plans\nAvon Rubber p.l.c (\"the Company\")\nAnnouncement of transaction in ordinary shares of £1 each (the \"Shares\")\n \nFollowing approval of the Company's Performance Share Plan 2010 at the annual general meeting on 2 March 2010, the Company announces that on 15 March 2010 joint ownership awards, nil cost options and conditional awards of shares (\"PSP Awards\") were granted under the 2010 Plan to Directors of the Company and persons discharging managerial responsibility (\"PDMRs\"), as listed below.\nThe performance period applicable to the PSP Awards is 1 October 2009 to 30 September 2012.\nThe number of shares placed under award and the start price against which performance of the share price will be measured over the 3 year performance period is the average price of the Company's shares over the 5 days following announcement of the Company's annual results for the year ended 30 September 2009, which was 95.6 pence. This reflects a 17.3% premium over the Company's closing share price of 81.5p for the dealing day falling immediately prior to 15 March.\n \n\n\n\n\nName of Director/PDMR\n\n\nNumber of PSP Awards\n\n\n\n\nPeter Slabbert\n\n\n230,126\n\n\n\n\nAndrew Lewis\n\n\n112,971\n\n\n\n\nMiles Ingrey-Counter\n\n\n56,485\n\n\n\n\nMatthew Evans\n\n\n65,900\n\n\n\n\nPaul McDonald\n\n\n53,347\n\n\n\n\nMichael Harral\n\n\n44,561\n\n\n\n\nMichael Hamner\n\n\n53,867\n\n\n\n\nGary Dunn\n\n\n62,813\n\n\n\n\nThe transaction took place at Hampton Park West, Semington Road, Melksham,Wiltshire, SN12 6NB.\nThis announcement is made pursuant to Disclosure Rule 3.1.4 following notification under Disclosure Rule 3.1.2.\nContact Information: Miles Ingrey-Counter, Company Secretary, on telephone 01225 896850\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSSFLFLMFSSESD \n ","length":3992,"tagName":"div"}]