Senior PLC — Remuneration Information 2013

Sep 5, 2013

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2676N

Senior PLC

04 September 2013

Senior plc (the "Company")

Notification of Transactions by PDMR

This notification is made in accordance with DR 3.1.4R(1)(a).

On 4 September 2013, the Company's Group Finance Director, Derek Harding, was granted the following conditional rights to acquire ordinary shares of 10 pence each in the Company:

Award	Number of shares comprised within Award
LTIP Award	215,749
One-off Award	82,720

The LTIP Award was granted under the terms of the Senior plc 2005 Long Term Incentive Plan.  In the normal course of events, the LTIP Award shall vest on the third anniversary of grant subject to Derek Harding's continued service and to the extent that certain performance conditions measured over a three year period are satisfied.

The One-off Award was granted under the terms of a share award agreement agreed in connection with and to facilitate Derek Harding's recruitment as Group Finance Director to partly compensate him for foregoing entitlements from his previous employer.  In the normal course of events, the One-off Award shall vest as to 4/9ths on 2 September 2014, as to 3/9ths on 2 September 2015 and as to the balance of 2/9ths on 2 September 2016, in each case subject to Derek Harding's continued service until the relevant vesting date.

No consideration was paid for the grant of these awards and no consideration is due on the vesting on these awards.

Senior plc was informed by Derek Harding of the above transaction on 4 September 2013.

Name of contact and telephone number for queries: Andrew Bodenham, Tel: 01923 775547.

Date: 4 September 2013

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSBRGDCGXGBGXS