Assura PLC

Remuneration Information • Mar 13, 2013

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RNS Number : 9158Z

Assura Group Limited

13 March 2013

13 March 2013

Assura Group Limited (the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Assura has today awarded performance units in the Assura Group Value Creation Plan ("VCP") to the directors and person discharging managerial responsibility of the Company listed below. 

The VCP was approved by Assura shareholders at the Company's Extraordinary General Meeting held on 15 February 2013 (the "EGM"). Full details of the VCP were set out in the Company's shareholder circular (incorporating the notice of the EGM) and prospectus published on 28 January 2013 (available on the Company's website, www.assuragroup.co.uk).

Name	Position	% share of performance units	Number of performance units
Graham Roberts	Chief Executive	40%	400,000
Jonathan Murphy	Finance Director	17.5%	175,000
Andrew Darke	Managing Director - Property	20.0%	200,000

No payment has been made for the grant of these awards and the performance units have no value at grant. 

Participants have the opportunity to receive 10% of the total value created for shareholders above a threshold price determined at three measurement dates in a five year measurement period. Before any awards vest, which are granted as nil-cost options on conversion of any value created, a minimum level of total shareholder return of 8% p.a. compound growth from the base price at each measurement date must be achieved.

-ENDS-

Enquiries

Assura Group Limited	Tel: 01925 420660
Jonathan Murphy Carolyn Jones
Espirito Santo Investment Bank	Tel: 0207 456 9191
Peter Tracey
Jamie Richards
Oriel Securities Mark Young	Tel: 0207 710 7600
Roger Clarke
RLM Finsbury	Tel: 0207 251 3801
Gordon Simpson

This information is provided by RNS

The company news service from the London Stock Exchange

END

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