HYC Hyder Cons

TIDMHYC

RNS Number : 5760I

Hyder Consulting PLC

16 June 2011

HYDER CONSULTING PLC ("the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

On 15 June 2011, the Company granted awards under the Hyder Consulting PLC 2006 Long Term Incentive Plan (the "Plan") comprising:

(a) An award (in the form of nil cost options) under Part B of the Plan (the "Part B Award") to each of the following executive directors, to acquire ordinary shares of 10p each in the Company ("Shares") up to the maximum number detailed below:

 
                                            Maximum total number 
                                             of Shares over which 
                                             options/awards held 
                 Maximum number of Shares    under all Hyder schemes 
 Name             subject to the award       including this award) 
--------------  -------------------------  ------------------------- 
 Ivor Catto               84,235                    623,971 
--------------  -------------------------  ------------------------- 
 Russell Down             49,798                    282,506 
 

The options the subject of the Part B Awards are capable of exercise three years after grant subject to the fulfilment of performance conditions based on earnings per share (for 50% of the award) and total shareholder return (for 50% of the award) across the performance period 1 April 2011 to 31 March 2014. No consideration is payable on the grant or exercise of the new options.

(b) An award (in the form of nil cost options) under Part A of the Plan (the "Part A Award") to the persons discharging managerial responsibility listed below, to acquire Shares up to the maximum number detailed below:

 
                                            Maximum total number 
                                             of Shares over which 
                                             options/awards held 
                 Maximum number of Shares    under all Hyder schemes 
 Name             subject to the award       (including this award) 
--------------  -------------------------  ------------------------- 
 Wael Allan               14,865                     64,763 
--------------  -------------------------  ------------------------- 
 Roberto Lee              14,865                     14,865 
--------------  -------------------------  ------------------------- 
 Graham Reid              14,865                     37,892 
--------------  -------------------------  ------------------------- 
 Greg Steele              14,865                     35,203 
--------------  -------------------------  ------------------------- 
 Markus Voigt             14,865                     64,763 
 

The options the subject of the Part A Awards are capable of exercise three years after grant provided the holder remains employed by the Company or any subsidiary and in respect of sixty percent of those Part A Awards, on achievement of certain targets for growth in earnings per share across the performance period 1 April 2011 to 31 March 2014. No consideration is payable on the grant or exercise of the new options.

16 June 2011

Neil Hunt, Company Secretary

Tel: 020 3014 9000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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