REG - Mission Marketing - Exercise of LTIPs; Director and EBT Share Dealings <Origin Href="QuoteRef">TMMG.L</Origin>

MissionAnnouncement

23/07/2015 15:30

RNS Number : 9433T
The Mission Marketing Group PLC
23 July 2015
The Mission Marketing Group plc 
Exercise of LTIPs; Director and EBT Share Dealings
Following the announcement on 16th April 2015 by The Mission Marketing Group plc ("TMMG", "the Company" or "the missiontm"), the marketing communications and advertising group, concerning the vesting of nil-cost options under theTMMG Long Term Incentive Plan (the "LTIP"), the Company announces that it was notified yesterday that a number of Directors yesterday exercised 2012 LTIP options as follows:
Directo
Existing LTIP
options
Options
exercised
Resulting 
options




Dylan Bogg
117,000
(17,500)
99,500
Robert Day
240,834
(24,167)
216,667
Peter Fitzwilliam
110,000
(10,000)
100,000
Chris Goodwin
82,500
(10,000)
72,500
Giles Lee
247,000
(25,000)
222,000
David Morgan
110,000
(10,000)
100,000
Chris Morris
110,000
(10,000)
100,000
Sue Mullen
47,500
(5,000)
42,500
Fiona Shepherd
120,000
(10,000)
110,000
The exercise of LTIP options gives rise to PAYE and NI liabilities and certain Directors and employees sold shares in order to meet their tax liabilities. Shares sold by these individuals, totalling 107,802 ordinary shares of 10 pence each, were bought yesterday by the EBT at a price of 41.5p each.
The following table sets out details of Directors share dealings and resulting interests in the Company's issued share capital: 
Directo
Existing
interest
LTIP options
exercised
Shares sold
for tax 
Resulting
interest
Resulting
interest (%)






Dylan Bogg
1,469,323
17,500
-
1,486,823
1.78%
Robert Day
6,128,560
24,167
(10,802)
6,141,924
7.35%
Peter Fitzwilliam
678,198
10,000
-
688,198
0.82%
Chris Goodwin
383,104
10,000
(4,200)
388,904
0.47%
Giles Lee
736,315
25,000
(11,745)
749,570
0.90%
David Morgan
6,133,791
10,000
-
6,143,791
7.35%
Chris Morris
1,015,009
10,000
-
1,025,009
1.23%
Sue Mullen
1,081,154
5,000
(2,100)
1,084,054
1.30%
Fiona Shepherd
1,264,773
10,000
(4,700)
1,270,073
1.52%
Separately, the Company was notified today that the EBT had acquired a further 18,000 shares at a price of 44.5p each. Following the above transactions, the EBT's interest in the missiontm is 1,010,036 Ordinary Shares, representing approximately 1.2% of the issued share capital of the Company. 
Enquiries:

The Mission Marketing Group plc
020 7462 1415
Peter Fitzwilliam, Finance Director 



finnCap Limited
020 7220 0500
Geoff Nash/James Thompson (Corporate Finance)
Stephen Norcross (Corporate Broking)

the missiontmis a network of entrepreneurial marketing communications Agencies employing over 850 people in the UK, Asia and San Francisco. The Group comprises a complementary mix of integrated generalists, specialists in specific marketing/communications activities and specialists in particular market sectors, all providing award-winning solutions to national and international Clients.
www.themission.co.uk

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