REG-Mothercare Plc : Director/PDMR Shareholding <Origin Href="QuoteRef">MTC.L</Origin>

MothercareAnnouncement

25/03/2015 15:01

To The London Stock Exchange
25 March 2015
Mothercare plc 
Director/PDMR shareholdings
Long term incentive plan 2012
Mothercare plc announces that awards under the Mothercare 2012 Long Term Incentive Plan were made to the following directors/persons discharging managerial responsibilities on 23 March 2015 in the form of nil cost options: 
   Director/PDMR   
   Number   of shares   
   Richard   Smothers   
   354,167   
   Gary   Kibble   
   187,500   
   Sarah   Purkis   
   179,688   
The awards will vest in whole or part subject to the achievement of stretching corporate performance conditions. The performance measures are 50% share price and 50% Group Profit Before Tax. The awards will vest after the end of FY17 and FY18 respectively with a one year holding period on the three year share price element.
Mothercare plc 2015 Management Incentive Plan
On 23 March 2015 Richard Smothers was granted a conditional share award over 78,125 ordinary shares in respect of the loss of long term incentive awards with his former employer. The shares are due to vest one year after commencement of his employment with Mothercare plc.
No consideration is payable for the grant of these awards.
Further information: investorrelations@mothercare.com


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mothercare Plc via Globenewswire
HUG#1906196