REG-Mothercare Plc : Director/PDMR Shareholding <Origin Href="QuoteRef">MTC.L</Origin>
Mothercare Plc : Director/PDMR Shareholding To The London Stock Exchange
9 August 2016
Mothercare plc
Director/PDMR shareholdings
Mothercare 2012 Long Term Incentive Plan - 2016 grant
Mothercare plc announces that awards under the Mothercare 2012 Long Term Incentive Plan were made to the following directors/persons discharging managerial responsibilities on 8 August 2016 in the form of nil cost options:
Director/PDMR | Number of shares |
Mark Newton-Jones | 906,666 |
Richard Smothers | 460,185 |
The awards will vest in whole or part subject to the achievement of stretching corporate performance conditions. The performance measures are 50% total shareholder return (TSR) measured against a comparator group and 50% earnings per share (EPS). 50% of the awards will vest after the third anniversary of the award date and 50% of the awards will vest after the fourth anniversary of the award date subject to meeting performance criteria.
No consideration is payable for the grant of these awards.
Further information: investorrelations@mothercare.com
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
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