Creston PLC Director/PDMR Shareholding (7976D)

TIDMCRE

RNS Number : 7976D

Creston PLC

02 April 2014

 
 
 
 02 April 2014 
 
 FOR IMMEDIATE RELEASE 
                       Creston plc 
 Grant of Award to Executive Director under the Long Term 
                      Incentive Plan

Creston plc ("Creston" or the "Company") announces that, on 1 April 2014, the Company granted the following conditional share award (the "Award") to an Executive Director under the Creston plc Long Term Incentive Plan ("LTIP") approved by shareholders in 2005. The Award was granted at a share price of 102.5 pence per ordinary share (being the closing price on the preceding dealing day) as set out below:

 
     Name           Number of        Market      Number of        Number      Total Shareholding 
                     Ordinary       value of     Conditional    of ordinary      of currently 
                  Shares subject     Shares      shares held      shares          held shares 
                     to LTIP         at the       following      currently            (%) 
                      Award          date of        Award          held 
                                    the Award 
                                      (GBP) 
--------------  ----------------  -----------  -------------  -------------  ------------------- 
 Barrie Brien        341,463        350,000      1,076,334       289,889             0.48 
--------------  ----------------  -----------  -------------  -------------  -------------------

The conditional shares subject to the Award granted will vest in five years, and are contingent on the individual's continued employment and stretching performance criteria which are based on the performance of the Group's diluted earnings per share over the three year performance period (being the FY15, FY16 and FY17 financial years) compared to UK gross domestic product.

No consideration will be paid for the contingent shares upon their vesting and the issue of the Award will be subject to the related performance criteria.

For further information please contact:

 
 Pelham Bell Pottinger                +44 (0)20 7861 3890 
 Elly Williamson/Malika Shermatova

About Creston plc

Creston plc (LSE: CRE) is a digitally focused insight and communications group. The Group delivers a range of marketing services, including advertising, brand consultancy, CRM, digital and direct marketing, health communications, local marketing, market research, PR and social media marketing to a broad spectrum of blue-chip global clients. Our insight companies give us a real edge, providing the analytic intelligence to enable us to deliver original thinking that engages audiences, invites participation and influences future trends. www.creston.com

This information is provided by RNS

The company news service from the London Stock Exchange

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