Loading...

/News/RNS

Announcement of Grant Awards

RNS Announcement

RNS Number : 9966G

Eurocell plc

10 March 2015

Eurocell plc

Notification made in accordance with Rule 3.1.4(1)(a) of the Disclosure and Transparency Rules

Eurocell plc, (LSE: ECEL) a market leading, vertically integrated UK manufacturer and distributor of innovative window, door and roofline PVC products, announces that nil-cost options over 388,569 ordinary shares of £0.001 each ("Ordinary Shares") were granted on 9 March to its executive directors and certain persons discharging managerial responsibilities ("PDMRs") pursuant to the Eurocell plc Performance Share Plan 2015, as outlined in the Company's prospectus dated 4 March 2015.

The nil-cost option grants referred to above comprise the following grants to executive directors and PDMRs:

Name	Director/PDMR	Number of Ordinary Shares subject to award
Patrick Bateman	Director	177,142
Matthew Edwards	Director	114,285
Glenn Parkinson	PDMR	30,000
Anthony Smith	PDMR	35,714
Ian Kemp	PDMR	31,428

The vesting of all awards referred to above is subject to certain conditions and the achievement of performance targets related to earnings per share growth and group cashflow over a three year performance period.

Enquiries

Pendomer

Ben Foster

+44 20 3603 5221

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSJMMFTMBIBMLA

RNS metadata

Title: Announcement of Grant Awards
Time: 07:03:30
Date: 10 Mar 2015
Category: Director/PDMR dealings
ID: 9966G