Director Share Options
24 Maggio 2005 - 7:35PM
UK Regulatory
RNS Number:7104M
MTL Instruments Group PLC
24 May 2005
Director Share Options
On 24th May 2005 executive directors were granted awards entitling them to
acquire Ordinary Shares of 10p under the MTL 2005 Long-term Incentive Plan as
summarised below:
Executive Director Number of shares covered by award
(% of issued capital)
Graeme Philp 55,285 (0.29%)
William Greenhalgh 45,528 (0.24%)
Additional grants were made under the Plan to four other senior executives of
the MTL Group. The number of shares covered by these additional awards were
64,242 (0.34%).
The exercise price for the above awards is nil. The awards will normally vest on
24 May 2008 subject to continued employment and the meeting of an earnings per
share performance condition. No consideration was paid for the grant of any of
these awards.
Enquiries:
The MTL Instruments Group plc
William Greenhalgh
Telephone - 01582 407227
End
May 24th, 2005
This information is provided by RNS
The company news service from the London Stock Exchange
END
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