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Employee Incentive Plan

Employee Incentive Plan.

articleHargreaves Services PlcJune 20, 20085/company/hargreaves-services-plc/news/employee-incentive-plan
Employee Incentive Plan

About this update from Hargreaves Services Plc

[{"type":"text","content":"\n RNS Number : 2309X Hargreaves Services PLC 20 June 2008  \n \n\n\n\n\nFor Immediate Release \n\n\n20 June 2008\n\n\n\n\n\n\nHARGREAVES SERVICES PLC \n('the Company')\n\n Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities ('PDMR') and Connected Persons\n\nLong Term Incentive Plan ('LTIP')\n\nThe Company advises that, on 20th June 2008, conditional awards involving 199,899 ordinary shares of 10p each ('Ordinary Shares') were made under the LTIP rules to a number of employees. \n\nIncluded within the allocation were awards made to the following Directors and PDMRs:\n\n\n\n\n\nDirector/PDMR\n\n\nMaximum number of Ordinary \nShares awarded\n\n\n\n\nGordon Banham\n\n\n49,180\n\n\n\n\nKevin Dougan\n\n\n17,213\n\n\n\n\nIain Cockburn\n\n\n20,287\n\n\n\n\n\n\nThe number of Ordinary Shares stated is the maximum available to the persons named above on satisfaction of the performance target in full. The earliest date on which the persons named above would become beneficially entitled to the shares comprised in the awards is 20 June 2011 which follows the performance period defined in the LTIP.\n\nThe total number of voting rights in the Company is 26,270,532.\n\nFor further information, please contact:\nHargreaves Services plc 0191 373 4485\nGordon Banham\nIain Cockburn\nBrewin Dolphin Investment Banking 0845 270 8610\nAndrew Kitchingman\nSean Wyndham-Quin\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  RDSSEMFISSASEDM \n ","length":3917,"tagName":"div"}]

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