Long-Term Incentive Plan
2006年10月10日 - 7:31PM
RNSを含む英国規制内ニュース (英語)
RNS Number:2205K
Costain Group PLC
10 October 2006
Costain Group PLC
("the Company")
Long-Term Incentive Plan
The Company announces details an Award in the form of an option with an exercise
price of #1 per exercise (whether on exercise of the entire Award or any part of
it) over 576,310 ordinary shares of 5p each made on 10 October 2006 under the
Costain Group PLC Long-Term Incentive Plan (LTIP) the award can only be
exercised on the achievement of specified performance conditions after the end
of the Company's Financial Year ending 31 December 2009. An Award was made to
the following Executive Director:
Name: Number of Shares subject to the Award
Mr A O Bickerstaff 333,333
Other Awards were made on 10 October 2006 under the LTIP to employees who are
not Executive Directors of the Company.
Contingent Awards
Pursuant to the terms of Mr Bickerstaff's agreement the Company granted to Mr
Bickerstaff on 9 October 2006:
a. a contingent Award of 120,000 ordinary shares of 5p each in the capital of
the Company. The Award will vest dependant on the extent to which certain
performance targets are satisfied for the Financial Year ending 31 December
2007; and
b. a contingent Award of 350,000 ordinary shares of 5p each in the capital of
the Company. The Award will vest dependant on the extent to which certain
performance targets are satisfied for the Financial Year ending 31 December
2008.
10 October 2006
Enquiries:
Costain Group PLC Tel: 01628 842575
Clive L Franks, Company Secretary
College Hill Tel. 020 7457 2020
Mark Garraway
Matthew Gregorowski
This information is provided by RNS
The company news service from the London Stock Exchange
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