YouGov PLC LTIP and Block Listing Application (7594P)
21 November 2016 - 5:58PM
UK Regulatory
TIDMYOU
RNS Number : 7594P
YouGov PLC
21 November 2016
21 November 2016
YouGov plc ("YouGov" or "the Company")
Long Term Incentive Plan and Block Listing Application
YouGov, the international market research and data analytics
group, announces that its Remuneration Committee (the "Committee")
has resolved that the performance conditions attaching to the final
round of awards made under the Company's historic Long Term
Incentive Plan 2009, as announced on 2 April 2014 (the "FY14
Awards"), have been satisfied. These conditions related to growth
in earnings per share (EPS) and the total shareholder return (TSR)
for the three year period ending 31 July 2016.
Accordingly, the Committee has approved the vesting of the
entirety of the FY14 Awards of nil cost options relating to 1.4
million shares. The holders of the FY14 Awards may exercise their
rights to acquire YouGov shares at any time up to April 2024.
The Company also announces that application has today been made
to the London Stock Exchange for admission to AIM for a block
listing in respect of 1,826,331 ordinary shares of 0.2p each (the
"Block Listing"). The Block Listing relates to shares that will be
issued from time to time in accordance with the exercise of options
under the Company's historic share plans (the Polimetrix Stock
Option Plan 2007, the Enterprise Management Incentive Scheme 2007
and the Long Term Incentive Plan 2009) including the FY14 Awards
referred to above. Shares under this Block Listing will rank pari
passu with existing ordinary shares. It is anticipated that
admission under the Block Listing will take place on Friday 25
November 2016.
Enquiries
YouGov plc
Stephan Shakespeare / Alan Newman
+44 (0)20 7012 6000
Numis (Nomad and broker)
Nick Westlake / Toby Adcock
+44 (0)20 7260 1000
FTI Consulting
Charles Palmer / Antonia Gray
+44 (0)20 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
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November 21, 2016 12:58 ET (17:58 GMT)