Carr's Group PLC Director/PDMR Shareholding (3740P)

TIDMCARR

RNS Number : 3740P

Carr's Group PLC

16 November 2016

16 November 2016

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholdings

Carr's (CARR.L), the agriculture and engineering group, announces the following awards of options over ordinary shares in the Company of 2.5p each ("Ordinary Shares") to certain PDMRs.

Awards under the Company's Long Term Incentive Plan 2013 (the "LTIP")

On 14 November 2016 (the "Award Date"), awards were made under the Company's Long Term Incentive Plan 2013 (the "Options"). The Options are exercisable for nil consideration, subject to the rules of the LTIP and to the satisfaction of the applicable performance targets.

No consideration was payable on the grant of the Awards.

The Options will be exercisable (to the extent the performance targets are met) from the third anniversary of the respective Award Dates to the tenth anniversary of the respective Award Dates.

The Options have been awarded to certain PDMRs as follows:

 
Name          Number of Ordinary Shares Total Number of Ordinary 
               subject to this award Shares awarded under the LTIP 
Tim Davies    185,159 529,333 
Neil Austin   137,018 391,710 
Ellen Smith    26,663 76,220 
 

The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.

Enquiries:

   Katie Wood (Company Secretary)                       01228 554600 
   Powerscourt                                                     020 7250 1446 
   Nick Dibden                                                      [e-mail] 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 16, 2016 10:30 ET (15:30 GMT)