REG - Cranswick PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CWK.L</Origin>

CranswickAnnouncement

10/08/2015 16:10

RNS Number : 6275V
Cranswick PLC
10 August 2015
Director/PDMR Shareholding
Cranswick plc ("the Company")
The Company has been notified that the following award of LTIP options has been made, pursuant to the Company's Cranswick plc Long Term Incentive Plan (the "Scheme"), to certain Directors/Persons Discharging Managerial Responsibility ("PDMR") over 173,900 ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as follows:
Name
No. of LTIP options
Market price per share (p)
Martin Davey
28,200
1627.99
Adam Couch
54,200
1627.99
Mark Bottomley
35,900
1627.99
Jim Brisby
35,600
1627.99
Chris Aldersley
20,000
1600.00
In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made to the Executive Directors based on a share price of 1627.99 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant being 1st August 2015.
The share price at the date the options were considered, and later awarded, to Chris Aldersley, the Chief Operating Officer, was 1600p on 24th July 2015.
The LTIP options have been granted on a conditional basis and no shareholder rights will be conferred upon the grantee until the LTIP options have vested. Such vesting is subject to the achievement of the performance criteria of the Scheme over the 3 year measurement period to 31 March 2018. 
Enquiries:
Malcolm Windeatt
Company Secretary
Cranswick plc
01482 372000

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