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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nth.Mid.Cons | LSE:NMD | London | Ordinary Share | GB0006452857 | 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% | 530.00 | 510.00 | 550.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNMD
RNS Number : 4890A
North Midland Construction PLC
08 June 2016
08 June 2016
North Midland Construction Group PLC
Performance Share Plan Awards
North Midland Construction PLC ("North Midland Construction" or "the Company")) announces that the following share awards over ordinary shares of 10p each in the Company ("Shares") were yesterday granted under the North Midland Construction PLC Performance Share Plan ("PSP"):
Director Position Number of Share Awards Granted John Homer Chief Executive 196,363 Dan Taylor Finance Director 103,374 Andy Langman Executive Director 103,374 Stuart Proud Executive Director 103,374
The PSP was approved by the Company's shareholders at the Company's AGM on 19 May 2016.
These awards are subject to a performance condition which will be based on the Company's aggregate adjusted profit before tax and which will be measured over the 3 financial years of the Company 2016, 2017 and 2018. The normal vesting date for these awards will be 7 June 2019, subject to the satisfaction of the performance condition.
The number of shares within the awards shown above (which allow for the acquisition of shares at nil-cost to the extent that the performance condition is achieved) were calculated using the Company's 3-day average share price to the close of business on 6 June 2016 (137.5 pence).
For further information please contact:
North Midland Construction Group PLC - 01623 515 008
Robert Moyle, Chairman
John Homer, Chief Executive
Dan Taylor, Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
June 08, 2016 02:00 ET (06:00 GMT)
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