Business
Grants under Deferred Bonus P
Grants under Deferred Bonus P.
About this update from Mulberry Group Plc
[{"type":"text","content":"\n RNS Number : 1111J Mulberry Group PLC 24 March 2010 \n\nMulberry Group plc \n \nGrants under Deferred Bonus Plan \n \nMulberry Group plc (\"Mulberry\" or the \"Company\") today granted deferred ordinary shares of 5 pence each in the Company (the \"Ordinary Shares\") under Mulberry's Deferred Bonus Plan at a price of 194 pence per Ordinary Share. These grants relate to bonus payments awarded to the Directors and key employees in respect of the Company's performance for the financial year ending 31st March 2010. The deferred Ordinary Shares, which are held within the Mulberry Group plc Employee Benefit Trust, will vest on 30th June 2012. \n \nThe total number of Ordinary Shares subject to these grants are as follows: \n \n\n\n\n\n\n\n\nDeferred Ordinary Shares granted under Deferred Bonus Plan today\n\n\nTotal deferred Ordinary Shares granted under Deferred Bonus Plan to date\n\n\n\n\nGodfrey Davis\n\n\n24,330\n\n\n48,932\n\n\n\n\nRoger Mather\n\n\n19,768\n\n\n35,922\n\n\n\n\nOther key employees\n\n\n84,545\n\n\n131,831\n\n\n\n\nTotal\n\n\n128,643\n\n\n216,685\n\n\n\n\n \nIn addition to the grant of deferred Ordinary Shares under the Deferred Bonus Plan, a matching number of nil cost options have been awarded. The options in this grant will vest on the 30th June 2012 and are exercisable between 30th June 2012 and 30th June 2020. \n \n\n\n\n\n\n\n\nNil cost options granted today\n\n\nNil cost options granted to date\n\n\n\n\nGodfrey Davis\n\n\n24,330\n\n\n48,932\n\n\n\n\nRoger Mather\n\n\n19,768\n\n\n35,922\n\n\n\n\nOther key employees\n\n\n84,545\n\n\n131,831\n\n\n\n\nTotal\n\n\n128,643\n\n\n216,685\n\n\n\n\n \n \nEnquiries: \n \n\n\n\n\nPelham Bell Pottinger \nKate Catchpole\n \n\n\nTel: +44 (0) 20 7337 1512\n\n\n\n\nAltium Capital \nBen Thorne / Melanie Szalkiewicz\n\n\nTel: +44 (0) 20 7484 4187\n\n\n\n\n \n &n...