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Tyman PLC — Director's Dealing 2015
Mar 11, 2015
4865_dirs_2015-03-11_72fae4f1-ec26-4363-9df6-d763a7557855.html
Director's Dealing
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RNS Number : 1620H
Tyman PLC
11 March 2015
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 2014 (the "2014 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 | 17,690 |
| James Brotherton | 11,970 |
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 2017, expected to be in March 2018. No consideration was paid for the 2014 Awards and no consideration is due to be payable on vesting.
A further 11 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 2018 over a total of 52,313 Ordinary Shares.
11 March 2015
| 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
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