Business
LTIP Award
LTIP Award.
About this update from Cvs Group Plc
[{"type":"text","content":"\n \nRNS Number : 5171N CVS Group plc 28 September 2012 \n \n\nCVS Group plc\n(the \"Company\")\nLong Term Incentive Plan (\"LTIP\") Award\n \nThe Company announces that today it made a grant of awards over the Company's ordinary shares of 0.2 pence each (\"Ordinary shares\") under the CVS Group LTIP to the Directors detailed in the table below:\n \n\n\n\n\n \n \nName\n \n\n\n \n \nRole\n \n\n\nNo. of Ordinary Shares\nsubject to award under the LTIP\n \n\n\n\n\nSimon Innes\n\n\nChief Executive\n\n\n301,020\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nAwards granted under the LTIP will vest in three years time but only to the extent that certain performance criteria relating to earnings per share growth are satisfied by the Company over a three year performance period between 1 July 2012 and 30 June 2015. A consideration equal to the nominal value of 0.2 pence per Ordinary Share is payable upon exercise of the award.\nContacts:\n\n\n\n\nCVS Group plc\nSimon Innes, Chief Executive\nPaul Coxon, Financial Director\n\n\n \n \n01379 644 288\n\n\n\n\nBuchanan\nRichard Oldworth/ Louise Hadcocks\n\n\n \n020 7466 5000\n\n\n\n\nN+1 Brewin - Nominated Adviser & Broker\nAubrey Powell/ Luke Boyce\n\n\n020 3201 3710\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSELFIAFESEIU\n ","length":4158,"tagName":"div"}]