Cranswick PLC Director/PDMR Shareholding (0380D)

TIDMCWK

RNS Number : 0380D

Cranswick PLC

01 July 2016

Director/PDMR Shareholding

Cranswick plc ("the Company")

The Company has been notified that the following award of LTIP options has been made, pursuant to the Company's Cranswick plc Long Term Incentive Plan (the "Scheme"), to certain Directors/Persons Discharging Managerial Responsibility ("PDMR") over 124,150 ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as follows:

 
                                      Market 
                                       price 
                       No. of        per share 
 Name                LTIP options       (p) 
 
   Martin Davey         19,800        2313.50 
 Adam Couch            38,900        2313.50 
 Mark Bottomley        25,700        2313.50 
 Jim Brisby            25,700        2313.50 
 Chris Aldersley       14,050        2313.50 
 

In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made to the Executive Directors based on a share price of 2313.50 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant being 1(st) June 2016.

The LTIP options have been granted on a conditional basis and no shareholder rights will be conferred upon the grantee until the LTIP options have vested. Such vesting is subject to the achievement of the performance criteria of the Scheme over the 3 year measurement period to 31 March 2019.

Enquiries:

Malcolm Windeatt

Company Secretary

Cranswick plc

01482 372000

This information is provided by RNS

The company news service from the London Stock Exchange

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July 01, 2016 10:23 ET (14:23 GMT)