Grants under Deferred Bonus Plan (9493D)
March 30 2011 - 11:28AM
UK Regulatory
TIDMMUL
RNS Number : 9493D
Mulberry Group PLC
30 March 2011
Mulberry Group plc
Grants under Deferred Bonus Plan
Mulberry Group plc ("Mulberry" or the "Company") today granted
deferred ordinary shares of 5 pence each in the Company (the
"Ordinary Shares") under Mulberry's Deferred Bonus Plan at a price
of 1,362 pence per Ordinary Share. These grants relate to bonus
payments awarded to the Directors and key employees in respect of
the Company's performance for the financial year ending 31st March
2011. The deferred Ordinary Shares, which are held within the
Mulberry Group plc Employee Benefit Trust, will vest on 30th June
2013.
The total number of Ordinary Shares subject to these grants are
as follows:
Deferred Ordinary Total unvested
Shares granted deferred Ordinary
under Deferred Shares under Deferred
Bonus Plan today Bonus Plan
--------------------- ------------------ -----------------------
Godfrey Davis 5,037 43,935
--------------------- ------------------ -----------------------
Roger Mather 7,196 39,104
--------------------- ------------------ -----------------------
Other key employees 21,037 145,644
--------------------- ------------------ -----------------------
Total 33,270 228,683
--------------------- ------------------ -----------------------
In addition to the grant of deferred Ordinary Shares under the
Deferred Bonus Plan, a matching number of nil cost options have
been awarded. The options in this grant will vest on the 30th June
2013 and are exercisable between 30th June 2013 and 30th June
2021.
Nil cost options
Nil cost options granted remaining
granted today unexercised
--------------------- ----------------- -------------------
Godfrey Davis 5,037 53,969
--------------------- ----------------- -------------------
Roger Mather 7,196 39,104
--------------------- ----------------- -------------------
Other key employees 21,037 145,644
--------------------- ----------------- -------------------
Total 33,270 238,717
--------------------- ----------------- -------------------
Enquiries:
Pelham Bell Pottinger
Dan de Belder / Lucy Frankland 0207 861 3232
Altium Capital
Ben Thorne / Melanie Szalkiewicz 0207 484 4040
This information is provided by RNS
The company news service from the London Stock Exchange
END
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