E-Malt. E-Malt.com News article: UK: Green King announces director’s shareholdings

Go back! News start menu!
[Top industry news] [Brewery news] [Malt news ] [Barley news] [Hops news] [More news] [All news] [Search news archive] [Publish your news] [News calendar] [News by countries]
#
E-Malt.com News article: UK: Green King announces director’s shareholdings
Brewery news

Greene King plc announced that on 4 August 2005 it granted options to the following executive directors under the rules of the Executive Share Option Scheme, over the following numbers of ordinary shares: Rooney Anand - 30,000, Mark Angela - 18,000, David Elliott - 18,000.

The options are at a price of 1,317p per share and can be exercised (subject to the performance conditions being met) between 4 August 2008 and 3 August 2015.

In addition, the company also granted awards to the following executive directors under the rules Of the Long Term Incentive Plan, in respect of the following number of ordinary shares: Rooney Anand - 30,000, Mark Angela - 18,000, David Elliott - 18,000.

The awards nave been made in the form of restricted forfeitable shares which will be forfeited if the performance conditions (to be satisfied over the three financial years of the company to May 2008) are not met. The directors will be entitled to receive dividends on the shares.

The award has been funded by the transfer of shares from Kleinwort Benson (Guernsey) Trustees Ltd, as trustee of the Greene King Employee Share Trust. The number of shares owned by the Greene King Employee Share Trust is now 369,383.


10 August, 2005

   
|
| Printer friendly |

Copyright © E-Malt s.a. 2001 - 2011