REG - Aggreko PLC - Director/PDMR Shareholding

Fri Sep 21, 2012 10:08am EDT

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RNS Number : 8936M
Aggreko PLC
21 September 2012
 

Grant of Share Awards under the 2012 Long Term Incentive Plan - correction

 

 

On 17 April 2012, the Company announced the following conditional awards over ordinary shares in the Company made on 16 April 2012, to Executive Directors of the Company under the Aggreko Performance Share Plan 2004 (the "PSP") and the Aggreko Co-Investment Plan 2004 ("the CIP").

 

The number of conditional awards made under the CIP, and correspondingly the total number of conditional awards under the LTIP 2012 was incorrect.  The correct numbers (with the previously announced ones in brackets) are as follows:

 

Co-Investment Plan Matching Awards

 

The following Directors were granted Matching Awards under the CIP:

 

Name of Director

Number of shares held under Basic Matching Award

Number of shares held under  Performance Matching Award

Total number of shares held under Basic and  Performance Matching Award

 

Maximum number of shares that may vest subject to satisfaction of the Super Performance Condition

Rupert Soames

4,141

(8,281)

12,421

(24,843)

16,562

(33,124)

33,124

(66,248)

Angus Cockburn

2,471

(4,942)

7,413

(14,826)

9,884

(19,768)

19,768

(39,536)

George Walker

2,128

(4,255)

6,382

(12,765)

8,510

(17,020)

17,020

(34,040)

Kash Pandya

2,338

(4,675)

7,012

(14,025)

9,350

(18,700)

18,700

(37,400)

Bill Caplan

2,004

(4,007)

6,010

(12,021)

8,014

(16,028)

16,028

(32,056)

           

Total interest over LTIP 2012

 

Below is the total number of interests held by the Executive Directors in respect of the PSP and CIP share awards and matching share awards under the LTIP 2012.

 

Name of Director

Total interests held by Directors in respect of the PSP and CIP share awards and matching share awards under the LTIP 2012

Rupert Soames

  88,334      (121,458)

Angus Cockburn

42,832       (62,600)

George Walker

36,876       (53,896)

Kash Pandya

40,516       (59,216)

Bill Caplan

34,728       (50,756)

 

The terms of the awards, including relevant performance conditions, are as set out in the announcement of 17 April 2012.

 

Peter Kennerley

21 September 2012


This information is provided by RNS
The company news service from the London Stock Exchange
 
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