Business
Long-Term Incentive Plan
Long-Term Incentive Plan.
About this update from Costain Group Plc
[{"type":"text","content":"\n \nRNS Number : 8609E Costain Group PLC 13 April 2011 \n \n\n \n \nCostain Group PLC(\"Costain\" or the \"Company\")\n \nLong-Term Incentive Plan\nThe Company announces details of Awards in the form of options with an exercise price of £1 per exercise (whether on exercise of the entire Award or any part of it) over 787,193 ordinary shares of 50p each made on 12 April 2011 under the Costain Group PLC Long-Term Incentive Plan (LTIP). The Awards can only be exercised on the achievement of specified performance conditions after the end of the Company's financial year ending 31 December 2013. Awards were made to the following Executive Directors:\n \n \n\n\n\n\nName\n\n\nNumber of Shares subject to the Award\n\n\n\n\nMr A Wyllie, Chief Executive \n\n\n 169,294\n\n\n\n\nMr A O Bickerstaff, Finance Director\n\n\n 112,157\n\n\n\n\n \nOther awards were made on 12 April 2011 under the LTIP to employees who are not Executive Directors of the Company.\n \n13 April 2011\n \nEnquiries:\n\n\n\n\nCostain Group PLC\n\n\nTel: 01628 842444\n\n\n\n\nClive L Franks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCollege Hill\n\n\nTel: 020 7457 2020\n\n\n\n\nMark Garraway\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSUOSORAWASAAR \n ","length":4399,"tagName":"div"}]