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Vectura Group plc Share Awards

Date : 05/07/2012 @ 18:06
Source : UK Regulatory (RNS & others)
Stock : Vectura (VEC)
Quote : 90.0  -3.5 (-3.74%) @ 16:29

Vectura Group plc Share Awards

TIDMVEC

RNS Number : 0619H

Vectura Group plc

05 July 2012

Vectura Group plc ("the Company")

NOTIFICATION OF SHARE AWARDS

UNDER SHARE INCENTIVE PLAN

Chippenham, UK, 5 July 2012: As a result of transactions on 5 July 2012, under the Vectura Group plc Share Incentive Plan (an HMRC approved all-employee share purchase plan adopted by the Company's shareholders on 27 September 2006) (the "Plan"), Dr Christopher Blackwell and Anne Hyland, Directors of the Company, as trustees of the Plan, became the non-beneficial owners of 54,334 Ordinary Shares of the Company.

The Executive Directors of the Company have the following interests as a result of their personal participation in the Plan:

 
                                Partnership      Matching Shares      Total number of 
                              Shares purchased      awarded on      Partnership, Matching 
                                     on            5 July 2012         and Free Shares 
                                5 July 2012                           held in the Plan 
                                                                       on 5 July 2012 
 Dr Christopher Blackwell          2,040              2,040                51,677 
                            ------------------  ----------------  ----------------------- 
 Anne Hyland                       2,040              2,040                51,677 
                            ------------------  ----------------  ----------------------- 
 Trevor Phillips                   2,040              2,040                8,574 
                            ------------------  ----------------  ----------------------- 
 

The beneficial ownership of the Matching Shares will pass to the Executive Directors on 5 July 2015 subject to their continued employment and the retention of the underlying Partnership Shares.

Enquiries:

 
 Vectura Group plc                      Tel: 01249 667 612 
  Anne Hyland 
  Chief Financial Officer and Company 
  Secretary 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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