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ZOTEFOAMS PLC Remuneration Information 2013

Mar 19, 2013

5285_dirs_2013-03-19_6d73605a-ffff-4fed-90f6-00e37beda9a3.html

Remuneration Information

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National Storage Mechanism | Additional information

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RNS Number : 3904A

Zotefoams PLC

19 March 2013

Zotefoams plc (the 'Company')

Directors' Shareholdings

On 19 March 2013, the Executive Directors listed below became absolutely entitled to Ordinary Shares of 5p ('Shares') each in the capital of the Company, as a result of awards vesting under the Zotefoams 2007 Long Term Incentive Plan ('LTIP').  Awards granted under the LTIP vest subject to the satisfaction of performance targets at the end of a three year period.  The level of vesting for awards granted in 2010 was 84.0%, which was then increased to reflect the dividends paid during the performance period.

Director Shares released to Director No. of Shares sold to meet tax liability Sale price (£) Balance of Shares retained by Director
DB Stirling 71,910 37,469 2.00 34,441
CG Hurst 50,238 26,177 2.00 24,061

Following the above transactions, Mr Stirling and Mr Hurst are beneficially interested in the following number of Shares:

Director Number of Shares Percentage of issued Share Capital
DB Stirling 307,727 0.8%
CG Hurst 248,359 0.6%

Enquiries:

James Kindell

Company Secretary

Zotefoams plc

020 8664 1600

This information is provided by RNS

The company news service from the London Stock Exchange

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