Creston PLC Issue of shares under Long Term Incentive Plan (7530Q)
22 6월 2015 - 3:00PM
UK Regulatory
TIDMCRE
RNS Number : 7530Q
Creston PLC
22 June 2015
22 June 2015
Creston plc
('Creston' or 'the Company')
Issue of shares under Long Term Incentive Plan
Creston plc (LSE: CRE), the marketing communications group,
announces that following the vesting of the Company's 2013 - 2015
Long Term Incentive Plan ("LTIP") on 19 June 2015, awards were made
to Barrie Brien, the Group Chief Executive, under the LTIP in
respect of 101,267 ordinary shares of 10 pence each in the Company
("Ordinary Shares").
Of the 101,267 Ordinary Shares, 51,622 Ordinary Shares shall be
withheld to settle associated tax liabilities. Following this award
Barrie Brien is therefore beneficially interested in 355,230
Ordinary Shares, representing 0.61% of the Company's issued share
capital. It is expected that legal ownership of the Ordinary Shares
will transfer to Barrie Brien in July 2015.
Following the vesting of the LTIP, the Company's issued share
capital continues to comprise 58,712,596 Ordinary Shares (excluding
the 2,624,742 Ordinary Shares Creston holds in Treasury). The above
figure may be used by shareholders as the denominator for the
calculation by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Creston plc +44 (0)20 7930 9757
Barrie Brien, Group Chief Executive
Kathryn Herrick, Chief Financial Officer
About Creston plc
Creston plc (LSE: CRE), incorporating the Creston Unlimited
group offer, is a marketing communications group delivering a range
of digital technology-based marketing solutions to blue-chip global
clients. Encompassing consultants and discipline experts from
across the industry and beyond, Creston Unlimited unlocks the power
of creative collaboration to realise the opportunities that exist
for brands and businesses in today's rapidly evolving world.
www.creston.com/ www.creston-unlimited.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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