Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Tyman PLC Director's Dealing 2014

Mar 12, 2014

4865_rns_2014-03-12_89283c60-389a-4ce4-a3c2-ce0efc26e6d0.html

Director's Dealing

Open in viewer

Opens in your device viewer

National Storage Mechanism | Additional information

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

RNS Number : 1753C

Tyman PLC

12 March 2014

TYMAN PLC

("Tyman" or the "Group" or the "Company")

Deferred Share Awards and Directors' Dealings

Tyman plc, a leading international supplier of components to the door and window industry, announces that the Remuneration Committee of the Company has granted the following nil cost share awards in respect of the year ended 31 December 2013 (the "2013 Awards") to the Executive Directors of the Company under the Company's Deferred Share Bonus Plan ("DSBP") over ordinary shares of 5 pence each in the Company ("Ordinary Shares").

Name Number of Ordinary Shares subject to the Deferred Plan Award
Louis Eperjesi 44,736
James Brotherton 34,001

Under the DSBP, 50 per cent. of Executive Director bonuses that would otherwise have been payable are instead delivered in the form of either conditional share awards or nil-cost options.

These awards will normally vest (together with dividend equivalents in cash or Ordinary Shares) following the publication of the Group's audited results for the year ending 31 December 2016, expected to be in March 2017. No consideration was paid for the 2013 Awards and no consideration is due to be payable on vesting.

A further 12 senior managers and executives employed by the Company and its subsidiaries have also been granted under the DSBP either conditional share awards or nil-cost options deferred until March 2017 over a total of 77,480 Ordinary Shares

12 March 2014

Enquiries:
Tyman plc 020 7976 8000
Kevin O'Connell - Company Secretary www.tymanplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFERVVIFLIS