Director Shareholding
13 Juni 2003 - 5:29PM
UK Regulatory
RNS Number:3247M
Henlys Group PLC
13 June 2003
Henlys Group plc announces the grant today of Conditional Awards of Ordinary
Shares of 25 pence each in the Company, pursuant to the Company's Long Term
Incentive Plan, to Directors of the Company as set out below:-
Director No. of Shares Performance Period
B. A. C. Chivers 130,000 1 October 2002 - 30 September 2005
R. E. Maddox 100,000 1 October 2002 - 30 September 2005
T. W. Welsh 300,000 1 October 2002 - 30 September 2005
The Performance Condition to be satisfied in respect of the Award is that over
the Performance Period the Earnings Per Share growth, pre-goodwill and
exceptional items, of Henlys Group plc against the Retail Prices Index shall
exceed an average of 3% per annum. For growth of 3% per annum 50% of the
Shares comprised in the Award will be awarded; for growth of 4% per annum 75%
will be awarded and for growth of 5% per annum 100% will be awarded.
This information is provided by RNS
The company news service from the London Stock Exchange
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