REG - YouGov PLC - Share Awards <Origin Href="QuoteRef">YOU.L</Origin>
RNS Number : 8059ZYouGov PLC19 December 201719 December 2017
YouGov plc
("YouGov" or "the Group")
Share Awards
YouGov, the international market research and data analytics group, announces that the Board's Remuneration Committee has approved the conditional grant of options under the Company's two share incentive plans which were established during the financial year ended 31 July 2014.
Long Term Incentive Plan 2014 ("LTIP")
As announced on 13 October 2014, the YouGov LTIP is designed to reward the Company's senior management for the achievement of financial and share price performance targets over the five-year period ending 31 July 2019. The vesting of awards will be dependent on the Company achieving demanding earnings per share growth (of at least 25% for the awards to vest in full) and also on improvement in operating margins over the five year plan period.
Under the rules of this plan, participants are to be conditionally awarded nil cost options to acquire shares in three equal annual tranches in 2015, 2016 and 2017, based on their performance against demanding personal targets for the previous financial year. The total number of shares expected to be awarded conditionally in this financial year (the final of the three annual tranches) will be approximately 2 million shares including conditional awards to individuals holding Executive Directorships during the year as shown in the below table:
Name
Number of Ordinary Shares subject to the LTIP Award
Stephan Shakespeare
605,530
Alan Newman
295,663
Doug Rivers
332,492
Alex McIntosh
86,487
Sundip Chahal
120,411
Deferred Share Bonus Plan 2014 ("DSBP")
This YouGov DSBP is designed to encourage employee retention and share ownership and the participants are key managers across the Group's global units who do not participate in the LTIP. The total number of shares expected to be awarded conditionally this financial year will be approximately 150,000 shares.
Enquiries:
YouGov plc
Tilly Heald (Company Secretary)020 7012 6000
FTI Consulting
Charles Palmer / Harry Staight020 3727 1000
Numis Securities (Nomad and broker)
Nick Westlake / Toby Adcock 020 7260 1000
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHOKCDNBBDDQBD
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