Business
Share Award
Share Award.
About this update from Yougov Plc
[{"type":"text","content":"\n RNS Number : 6565X YouGov PLC 09 December 2010 \n \n\n9 December 2010\n \nYouGov plc (\"YouGov\" or \"the Company\")\n \nDeferred Share Award to Executive Directors and Senior Managers\n \nThe Board of YouGov plc announces that it has approved the award of deferred shares to Executive Directors and senior managers within the Group. Under this plan, which is in addition to the Company's existing Long Term Incentive Plan announced on 11 May 2009 and which aims to encourage the retention of key employees, the participant must remain employed for a fixed period determined by the Remuneration Committee at the date of grant, before the shares can be issued. This period will usually be three years and the Committee may at its discretion vary these terms or impose other conditions.\nAwards which vest under this scheme will primarily be satisfied by the allocation of shares already held by the Group's Employee Benefit Trust. A total of 1.5 million deferred share awards have been made to date under the plan. These include awards made today to two Executive Directors, Stephan Shakespeare, Chief Executive Officer and Alan Newman, Chief Financial Officer who have each received an award of 162,500 deferred shares, with the balance of 1,175,000 deferred shares being issued to other senior managers within the group.\nEnquiries:\n \n\n\n\n\nYouGov plc\n\n\n\n\n\n\n\nStephan Shakespeare / Alan Newman\n\n\n020 7012 6000\n\n\n\n\n\n\n\n\n\n\n\n\nGrant Thornton Corporate Finance\n\n\n\n\n\n\n\nGerry Beaney/Colin Aaronson\n\n\n020 7383 5100\n\n\n\n\n\n\n\n\n\n\n\n\nFinancial Dynamics\n\n\n\n\n\n\n\nCharles Palmer / Nicola Biles \n\n\n020 7831 3113\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUKAKRROAURRA \n ","length":4190,"tagName":"div"}]