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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Micro Focus International Plc | LSE:MCRO | London | Ordinary Share | GB00BJ1F4N75 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 532.00 | 531.60 | 531.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMMCRO
RNS Number : 5050R
Micro Focus International plc
22 September 2017
22 September 2017
Micro Focus International plc ("Micro Focus" or the "Company")
Awards of Additional Share Grants
Earlier today the Company announced awards to Executive Directors of certain Additional Share Grants ("ASGs") over ordinary shares in Micro Focus to incentivise management to deliver exceptional returns to shareholders.
In addition to the awards of ASGs to Executive Directors, the Company granted ASGs to approximately 30 senior managers of the Enlarged Group.
The awards of the ASGs have been made to Executive Directors and additional senior managers following completion of the Micro Focus / HPE Software merger on 1 September 2017 ("Transaction").
In summary the total ASGs granted by way of nil cost options over ordinary shares in the Company are as follows:
Director/Senior Manager Number of nil cost
options over Ordinary
Shares
----------------------- -----------------------
Hot Features
Premium
Kevin Loosemore 1,100,000
----------------------- -----------------------
Chris Hsu 900,000
----------------------- -----------------------
Mike Phillips 676,000
----------------------- -----------------------
Nils Brauckmann 500,000
----------------------- -----------------------
Stephen Murdoch 500,000
----------------------- -----------------------
Other senior managers 4,200,000
----------------------- -----------------------
Total 7,876,000
----------------------- -----------------------
The vesting date for these awards will be 7 September 2019 which is three years from the announcement of the Transaction on 7 September 2016.
Enquiries:
Micro Focus Tel: +44 (0)1635
565200
Mike Phillips (Chief Financial
Officer)
Tim Brill (Director of Corporate
Communications & IR)
Powerscourt (PR Adviser) Tel: +44 (0)20
7250 1446
Juliet Callaghan
Simon Compton
About Micro Focus
Micro Focus is a leading global enterprise software company uniquely positioned to help customers extend existing investments while embracing new technologies in a world of Hybrid IT. Providing customers with a world-class portfolio of enterprise-grade scalable solutions with analytics built-in, Micro Focus delivers customer-centered innovation across DevOps, Hybrid IT, Security and Risk Management, and Predictive Analytics. For more information visit www.microfocus.com.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHOKDDNBBKBDCB
(END) Dow Jones Newswires
September 22, 2017 02:01 ET (06:01 GMT)
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