Imperial Tobacco Group PLC (ITYBY: OTC Link) | Director/PDMR Shareholdiing

Director/PDMR Shareholdiing

Nov 28, 2011

OTC Disclosure News Service

Bristol, United Kingdom –

Imperial Tobacco Group PLC (the “Company”)

 

Directors and Persons Discharging Managerial Responsibility (“PDMRs”) Interests

 

Imperial Tobacco Group Long Term Incentive Plan (“LTIP”)

 

 

Vesting of LTIP

 

In respect of the award granted on 26 November 2008 under the Imperial Tobacco Group LTIP, following partial achievement of the performance criteria, approximately 80.38% of the EPS element, approximately 62.08% of the TSR v FTSE 100 element and none of the TSR v Comparator Group element have vested.  Further details relating to the operation of the LTIP can be found within the Annual Report Accounts which are available on the Company’s website.

 

Vesting takes the form of the grant of an option over the Company’s ordinary shares of 10 pence exercisable, upon payment of the notional exercise price, at any time until the seventh anniversary of the date of grant of the option.

 

The Directors and PDMRs listed below have been granted the following options on 26 November 2011.

 

 

 

 

T M Williams

Deputy Company Secretary

 

 

 

Copies of our announcements are available on our website:  www.imperial-tobacco.com

 

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/ITYBY/news?id=38480

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