REG - Mission Marketing - SIP Announcement <Origin Href="QuoteRef">TMMG.L</Origin>

MissionAnnouncement

11/11/2014 16:30

RNS Number : 7471W
The Mission Marketing Group PLC
11 November 2014
The Mission Marketing Group plc 
Implementation of Share Incentive Plan and
Notification of Director/PDMR shareholding
The Mission Marketing Group plc ('the missiontm', "the Company", AIM: TMMG), the marketing communications and advertising group, is pleased to announce the introduction of a Share Incentive Plan ("SIP"). A SIP is a Government Tax-Advantaged Plan that provides employees with the opportunity to buy up to 1,800 of shares each year in a tax-efficient way by using deductions from gross pay. the missiontm supports the principle of wider share ownership amongst all its employees in the belief that this encourages team performance and, to further encourage share ownership, the missiontm is offering an incentive of one free share for every ten purchased by an employee (subject to remaining in employment).
The SIP is run independently by Yorkshire Building Society Trustees Limited, who will purchase shares in the open market on behalf of employees participating in the SIP.
The Company was advised that, on 10 November 2014, the Director listed below acquired Ordinary Shares in the Company at a price of 45 pence per Ordinary Share through the Company's SIP, which qualifies for tax relief under Schedule 2 of the Income Tax (Earnings and Pensions) Act 2003. 
Their current holding, as defined by the AIM Rules for Companies, is as follows:
Director
Shares Acquired
Total Now Held
Percentage of Issued Share Capital held
Giles Lee
4,400
732,058
0.88%
Enquiries
 Peter Fitzwilliam, Finance Director 
 The Mission Marketing Group plc
020 3463 2099
Geoff Nash/Henrik Persson (Corporate Finance)
Victoria Bates (Corporate Broking)

 finnCap Limited
020 7220 0500
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
  END
MSCFFIFIFFLSEEF