Business
Grant of LTIPs
Grant of LTIPs.
About this update from Restore Plc
[{"type":"text","content":"\n Mavinwood PLC\n23 March 2006\n\n\n 23 March 2006\n\n \n Mavinwood plc\n\n Grant of Share Incentives to Directors\n\n\nThe Board of Mavinwood plc announces that the following grants of share\nincentives over the Company's ordinary shares of 0.1 pence each were made on 23\nMarch 2006 to the undermentioned Directors.\n\nThe share incentives were awarded under the Mavinwood plc Long Term Incentive\nPlan - ('LTIP').\n\n+---------------+---------------+---------------+---------------+---------------+\n| Director | Scheme | No. of Shares |Exercise Price |Total number of|\n| | | | | share |\n| | | | |incentives held|\n| | | | | following |\n| | | | | notification |\n+---------------+---------------+---------------+---------------+---------------+\n| Philip Reid | LTIP | 2,000,000 | 0.1p | 2,746,875 |\n| | | | | |\n+---------------+---------------+---------------+---------------+---------------+\n| Kevin Mahoney | LTIP | 9,264,627 | 0.1p | 12,087,815 |\n| | | | | |\n+---------------+---------------+---------------+---------------+---------------+\n| Mike Vincent | LTIP | 7,892,091 | 0.1p | 10,297,028 |\n| | | | | |\n+---------------+---------------+---------------+---------------+---------------+\n| John Minton | LTIP | 1,000,000 | 0.1p | 1,000,000 |\n| | | | | |\n+---------------+---------------+---------------+---------------+---------------+\n| Steve Watkins | LTIP | 500,000 | 0.1p | 500,000 |\n+---------------+---------------+---------------+---------------+---------------+\n\nIn all cases there was no consideration for the LTIP award.\n\nThe exercise period in respect of grants under the LTIP scheme is from 23 March\n2009 to 22 March 2016, subject to satisfaction of the applicable performance\ncriteria which relate to earnings per share growth and total shareholder return.\n\nEnd.\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2823,"tagName":"div"}]