REG - Delcam PLC - Grant of Options

Thu May 3, 2012 3:55am EDT

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RNS Number : 6533C
Delcam PLC
03 May 2012

Delcam PLC


Grant of Options


Delcam plc (the "Company" or, together with its subsidiaries, the "Group") announces that, following approval by the Remuneration Committee, on 2 May 2012 it made conditional awards in the form of nil cost options over an aggregate of 39,000 ordinary shares of 10p each ("Ordinary Shares") under the Delcam Performance Share Plan (the "Plan") to certain of its executive directors, as follows:




Executive Director

Maximum number of Ordinary Shares conditionally awarded



Clive Martell


Bart Simpson


Steve Hobbs


Kulwant Singh



In accordance with the rules of the Plan, the shares subject to the awards will be released on 26 March 2015 subject to certain performance conditions relating to the Group's audited profit before tax for the 2014 financial year being met. The number of Ordinary Shares in respect of which the awards have been granted comprises approximately 0.5% of the total number of Ordinary Shares in issue. 


For further information, please contact:


Delcam PLC

Kulwant Singh, Finance Director


0121 766 5544


WH Ireland Limited

Robin Gwyn

0161 832 2174


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