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Director/PDMR Shareholding

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RNS Number : 3286Y
UK Mail Group PLC
28 November 2014
 



UK Mail Group plc.

 

Director/PDMR Shareholding

 

28 November 2014

UK Mail Group plc. (the "Company") has today received notification that on 28 November 2014 the following directors were granted options ("Options") under the Company's Long-Term Incentive Plan ("LTIP") to acquire ordinary shares of £0.10 each in the Company for nil consideration as follows:

Individual

Director or PDMR

LTIP

Guy Buswell

Director

54,486

Steven Glew

Director

37,050

Steve Patrick

PDMR

17,435

 

The options under the LTIP will ordinarily vest on the third anniversary of grant subject to the grantee's continued employment and the satisfaction of performance conditions assessing the Company's earnings per share growth and the Company's total shareholder return relative to a comparator group comprising the constituent companies of the FTSE All Share Index (excluding investment trusts).

No consideration was paid for the grant of options under the LTIP, and no payment will become due on the vesting and exercise of those options.

 

For and on behalf of UK Mail Group plc

 

 

Steven Glew

 

About UK Mail

 

The UK Mail Group is the largest independent parcels, mail and logistics services company within the UK, offering innovative delivery solutions both locally and worldwide. The Group has a national network of 50 sites and 2,500 vehicles enabling it to offer business customers a unique integrated service with a full range of time-sensitive and secure delivery options for parcels, letters and pallets.  More information is available at www.ukmail.com.

 


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