REG-Matchtech Group PLC Director/PDMR Shareholding
Released: 16/11/2007
RNS Number:8735H
Matchtech Group PLC
16 November 2007
Matchtech Group plc ("the Company")
16 November 2007
LTIP awards
Matchtech Group plc announces that on 15 November 2007 the Remuneration
Committee has granted the following zero cost share options over ordinary
shares of 1p each in the Company ("Shares"), to the Executive Directors under
the Matchtech Group plc 2006 Long-Term Incentive Plan (the "LTIP"), adopted by
the Company on 28 September 2006. The Awards were calculated on the basis of
£4.24 per Share, being the closing mid-price for the Shares on 14 November 2007.
Director Number of Options Resultant LTIP option interest
awarded under the LTIP
Tony Dyer 18,868 44,674
Adrian Gunn 25,944 51,750
Paul Raine 15,095 47,353
The options subject to these awards will become exercisable in three years time
subject to the Executive Directors' continued employment and based on the
Company's earnings per share growth and the satisfaction of a comparative total
shareholder return performance over the three year period.
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