Management Consulting Group PLC Directors Shareholding (5383Z)
March 08 2013 - 2:00AM
UK Regulatory
TIDMMMC
RNS Number : 5383Z
Management Consulting Group PLC
08 March 2013
MANAGEMENT CONSULTING GROUP PLC
Directors Shareholding
This notification is made in accordance with DTR 3.1.4(1)(a) and
DTR 3.1.4(1)(b).
On 7 March 2013, the following awards were made to executive
directors of Management Consulting Group PLC (the "Company") under
the Management Consulting Group 2008 Performance Share Plan:
(i) Nicholas Stagg received an award over 1,403,000 ordinary
shares of 1 penny each in the Company ("Shares") structured as an
option with a nil exercise price.
(ii) Christopher Povey received an award over 877,000 Shares
structured as an option with a nil exercise price.
(iii) Luiz Carvalho received an award over 1,403,000 Shares
structured as a conditional award.
(iv) Chiheb Mahjoub received an award over 1,403,000 Shares
structured as an option with a nil exercise price.
No consideration was paid for the grant of the awards.
The vesting of the awards is subject to the satisfaction of a
performance condition set by the Remuneration Committee of the
Company. The award will normally vest on the later of the third
anniversary of grant and the determination of the performance
condition.
The Company was informed of the above transaction on 7 March
2013.
Name of contact and telephone number for enquiries:
Charles Ansley Tel: 020 7710 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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