Flybe Group PLC Director/PDMR Shareholding (7642W)
February 13 2017 - 11:11AM
UK Regulatory
TIDMFLYB
RNS Number : 7642W
Flybe Group PLC
13 February 2017
Flybe Group plc
Notification of transactions by Directors/PDMRs
In accordance with Disclosure and Transparency Rule 3.1.4R(1),
Flybe Group plc ("Flybe" or the "Company") announces that on 9
February 2017, an award over ordinary shares of 1p each in the
capital of the Company was made under the terms of Flybe
Performance Share Plan ("PSP") to the following director:
Director/PDMR Number of shares under
award
Christine Ourmieres-Widener,
Chief Executive Officer 1,295,349
The awards represent 1p par value options which, to the extent
that the awards vest, provide for shares to be delivered to the
individuals for 1p consideration per share.
The percentage of the shares that ultimately do vest is
dependent on the satisfaction of performance criteria set out by
the Remuneration Committee and measured over a three-year
performance period ending on 31 March 2019. Further details
regarding this, including the vesting schedule, is set out on page
76 of the Company's 2015/16 Annual Report.
13 February 2017
Enquiries:
Catherine Ledger
Company Secretary
Flybe Group Plc
This information is provided by RNS
The company news service from the London Stock Exchange
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