Business
Issue of share awards - 2018 LTIP and PDMR dealing
Issue of share awards - 2018 LTIP and PDMR dealing.
About this update from Fih Group Plc
[{"type":"text","content":"\n \nRNS Number : 4924I FIH Group PLC 21 March 2018 \n\n21 March 2018\nFIH Group plc\n \n(\"FIH\" or \"the Company\")\n \nIssue of share awards under the 2018 Long Term Incentive Plan and PDMR dealing\n \n \n \nFIH Group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics announces that, on 19 March 2018, the Company granted options over 104,689 ordinary shares in the Company (\"Options\") to 12 employees of the group under the Company's 2018 Long Term Incentive Plan. \n \nThe Options are subject to the achievement of two sets of performance conditions which include a requirement that the Company's share price increases by 33% before full vesting can occur. The Option grants have been agreed by the Company's Remuneration Committee whose members are all independent non-executive directors. The Options have an exercise price of ten pence being equal to the nominal value of an ordinary share of the Company and a three year vesting period. The Options expire on the fifth anniversary of the date of the grant. \n \nFollowing the grant of the Options, the total number of options outstanding over shares in the Company is 370,920 equivalent to 3.0% of the Company's existing issued share capital. \n \n \nDetails of the PDMR option awards have been noted in the disclosure below.\n \nENDS\n \n \n\n\n\n\nFurther enquiries:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFIH group plc \n\n\n\n\n\nTel: +44 (0) 1279 461 630\n\n\n\n\nJohn Foster\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland Limited \n\n\n\n\n\nTel: +44 (0) 20 7220 1666\n\n\n\n\nNominated Adviser and Broker to FIH\n\n\n\n\n\n\n\n\n\n\nAdrian Hadden\n\n\n\n\n\n\n\n\n\n\nJessica Cave\n\n\n\n\n\n\n\n\n\n\nAlex Bond\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting \n\n\n\n...