Business
Deferred Share Awards and Directors' Dealing
Deferred Share Awards and Directors' Dealing.
About this update from Norcros Plc
[{"type":"text","content":"\n \nRNS Number : 9957O Norcros PLC 26 September 2013 \n \n\nNorcros plc\n(\"Norcros\" or \"the Company\")\n \nDeferred Share Awards and Directors' Dealing\n \nNorcros announces that the Remuneration Committee of the Company has granted the following nil cost share option awards in respect of the year ended 31 March 2013 (the \"2013 Awards\") to the Executive Directors of the Company under the Company's Deferred Share Bonus Plan (the \"Deferred Plan\") over ordinary shares of one pence each in the Company (\"Ordinary Shares\").\n\n\n\n\nName\n\n\nNumber of Ordinary Shares subject to the Deferred Plan Award\n\n\n\n\nNick Kelsall\n\n\n306,322\n\n\n\n\nMartin Payne\n\n\n212,069\n\n\n\n\n \nUnder the annual bonus scheme, 50 per cent. of an Executive Director's total bonus for the year is satisfied in cash, with the other 50 per cent. in the form of nil cost options under the Deferred Plan.\nThe 2013 Awards will normally vest on the third anniversary of their grant. No consideration was paid for the 2013 Awards and no consideration is due to be payable on vesting.\n \nFurther enquiries:\n\n\n\n\nNorcros plc\n\n\nTel: 01625 547 700\n\n\n\n\nNick Kelsall, Group Chief Executive\nMartin Payne, Group Finance Director\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nHudson Sandler\n\n\nTel: 0207 796 4133\n\n\n\n\nNick Lyon\n\n\n \n\n\n\n\nCharlie Jack\n\n\n \n\n\n\n\nKatie Matthews\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 RDSLQLFLXKFZBBK\n ","length":4046,"tagName":"div"}]