REG - Delcam PLC - Grant of Options

Thu May 3, 2012 3:55am EDT

* Reuters is not responsible for the content in this press release.

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

12,000

Bart Simpson

9,000

Steve Hobbs

9,000

Kulwant Singh

9,000

 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSGRGDUXUGBGDX
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.