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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 : 6222D
North Midland Construction PLC
28 April 2017
North Midland Construction PLC
28 April 2017
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 93,633 Dan Taylor Finance Director 54,084 Andy Langman Executive Director 50,704 Stuart Proud Executive Director 50,704
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 2017, 2018 and 2019. The normal vesting date for these awards will be 27 April 2020, 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 27 April 2017 (295.83 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 disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAPLXAFAXEFF
(END) Dow Jones Newswires
April 28, 2017 02:00 ET (06:00 GMT)
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