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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Carrefour | AQEU:CAP | Aquis Europe | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.105 | -0.71% | 14.655 | 14.66 | 14.68 | 14.855 | 14.585 | 14.81 | 207,158 | 16:50:10 |
20 November 2003 London Stock Exchange Old Broad Street London EC2N 1HP Dear Sirs Capital Radio plc (`the Company') Long Term Incentive Plan The Company operates a Long Term Incentive Plan for the purposes of providing a long term incentive scheme for Executive Directors and certain Senior Executives of the Capital Radio Group. Awards over a total of 265,090 Ordinary Shares in the Company ("Shares") were granted on 19 November 2003 to the following Executive Directors:- Director Number of Shares David Mansfield 99,560 Peter Harris 52,780 Paul Davies 59,970 Linda Smith 52,780 In accordance with institutional guidelines on long term remuneration for senior executives, awards to participants in the Long Term Incentive Plan (which are satisfied in the form of Shares held by the Trust or by the issue of new shares) are dependent upon the underlying performance of the Company, measured over a three year period. Annual Bonus Scheme - Matching Arrangement Under the terms of the above Scheme, the Executive Directors have become entitled to receive additional "matching" Capital Radio Shares, in respect of an initial award made in November 2000, having retained their original shareholding for the required three year period. Details of the Shares released to the Executive Directors on 19 November 2003, and their resultant holdings, are set out below. The market value of a Share on that date was £4.58. The number of Shares released was an after-tax number, to allow for the Executive Directors' tax liability in respect of the release of the Shares. Name No of Shares Released Resultant Holding David Mansfield 2,532 113,852 Paul Davies 1,535 39,895 Peter Harris 1,266 32,990 Linda Smith 264 10,943 Yours faithfully Nathalie Schwarz Company Secretary X:USER stoddaWordNSCOSECSTOCKEXHDirector Dealings20nov2003 - LTIP & EPS award.doc END x
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