Director/PDMR Shareholding
April 03 2008 - 4:41AM
UK Regulatory
RNS Number:5096R
Thomson Intermedia PLC
03 April 2008
3 April 2008
Thomson Intermedia plc Grant of Awards under the New Executive Incentive Plan
Thomson Intermedia plc announces that on 1st April 2008 the Company granted the
following share awards in the form of nil cost options to the Executive
Directors under the Thomson Intermedia plc 2008 Executive Incentive Plan (the "
EIP") adopted by the Company on 1st April 2008.
In accordance with the rules of the EIP, EIP awards were granted on 1st April
2008 with a price on grant of 32 pence per ordinary share of 25p each ("Ordinary
Shares") as follows:
Executive Director Number of Ordinary Shares Total interest in options
subject to the EIP Award following EIP Award
Michael Greenlees 1,800,000 1,919,760
Nick Manning 1,350,000 1,464,285
Vesting is subject to the continued employment of the Executive Directors and
the satisfaction of a 150 p share price target. The EIP awards will be split
into two parts. The first part will first become exercisable on 31st October
2009 and the second part on 30th April 2011.
Enquires:
Thomson Intermedia
Andrew Beach, Deputy Finance Director 020 7650 9600
- ENDS -
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSIIFVTSTIVIIT
Thomson Intermedia (LSE:THN)
Historical Stock Chart
From Sep 2024 to Oct 2024
Thomson Intermedia (LSE:THN)
Historical Stock Chart
From Oct 2023 to Oct 2024