REG - Imperial Brands PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">IMB.L</Origin>

Imperial BrandsAnnouncement

16/02/2016 09:30

RNS Number : 1970P
Imperial Brands PLC
16 February 2016
Imperial Brands PLC (the "Company")
Directors and Persons Discharging Managerial Responsibility ("PDMRs") Interests
Imperial Tobacco Group Long Term Incentive Plan ("LTIP")
The following Directors and PDMRs were, on 15 February 2016, conditionally awarded ordinary shares of 10 pence each in the Company ("Shares") under the LTIP. 
The awards will vest, free of charge and in proportion to the extent that the performance criteria are achieved, on 15 February 2019 or, if this date falls within a Close Period within the terms of the Model Code, the first day that the Company emerges from such Close Period. 
In relation to the awards made to the Directors, these are subject to malus and clawback. In addition, the number of Shares that vest to the Directors, after taxation and/or national insurance/social security liabilities have been met, will be subject to a two year retention period commencing on 15 February 2019. 
On vesting, the award over Shares is exercisable, upon payment where applicable of the notional exercise price, at any time until the seventh anniversary of the date of vesting.
DIRECTORS 
Conditional Award Granted
15 February 2016
Number of Shares


Alison Cooper
100,464
Oliver Tant
45,652
Matthew Phillips
38,043

PDMRs 
Conditional Award Granted
15 February 2016
Number of Shares


Helen Clatworthy
13,869
Peter Corijn
17,652
Fernando Dominguez
13,722
Andrew Newall
14,710
Walter Prinz
16,335
Arthur van Benthem
18,831
Further details relating to the operation of the LTIP can be found within the Annual Report & Accounts which are available on the Company's website.
T M Williams
Deputy Company Secretary
Copies of our announcements are available on our website: www.imperialbrandsplc.com. 

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