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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Upbound Group Inc | TG:RAC | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.20 | -0.68% | 29.20 | 29.00 | 29.40 | 0.00 | 22:50:18 |
RNS Number:6175I RAC PLC 12 March 2003 RAC plc - Director Shareholdings Executive Share Option Scheme (2001) Grants of options under the Company's Executive Share Option Scheme, at an Option Price of #3.71 per Ordinary 25p share, were made on 11 March 2003 to the following Executive Directors: Total Options Name of Options Granted now held over Director on 11 March 2003 Ordinary Shares Andrew Harrison 355,794 1,026,157 Peter Harris 194,070 443,060 Debbie Howard 149,595 324,438 Jon Walden 198,111 440,705 The Options, which were granted for nil consideration, are normally exercisable in the period from 11 March 2006 to 10 March 2010, subject to the specific performance targets attached to each grant being achieved. Long Term Incentive Plan On 11 March 2003, the trustees of the Long Term Incentive Plan, Lex Employee Benefit Trustees Limited, sold 121,822 Ordinary 25p shares at a price of #3.64 per share to meet the income tax liability of participants whose awards had vested under the Plan. The trustees then transferred a total of 195,551 Ordinary 25p shares to participants, representing the net number of vested shares after the deduction of income tax. The trustees' shareholding following the aforementioned sale and transfer now stands at 124,685 Ordinary 25p shares representing 0.11% of the Company's issued share capital. The Executive Directors of RAC plc are each deemed to be technically interested in these transactions as potential beneficiaries under the Plan. The direct beneficial interests of the Executive Directors in the transactions were as follows: Shares Total Total as a Name of Shares Awarded Shares % of share Director Sold (Net) now held capital Andrew Harrison 17,921 26,881 88,336 0.08% Peter Harris 11,304 16,956 76,956 0.07% Paul Hewitt 11,029 16,542 67,320 0.06% Debbie Howard 6,342 9,511 20,746 0.02% Jon Walden 5,514 8,271 22,998 0.02% Acquisition of shares On 11 March 2003, the Company was notified by Peter Smith, non-executive Deputy Chairman of RAC plc, that he had acquired 12,000 Ordinary 25p shares at a price of #3.64 per share, which represents his total beneficial interests (0.01%) in the issued share capital. Disposal of shares On 11 March 2003, the Company was notified by Jon Walden, an Executive Director of RAC plc, that he had sold 17,998 Ordinary 25p shares at a price of #3.64 per share. His beneficial interests following this disposal have decreased to a total shareholding of 5,000 Ordinary 25p shares (0.00% of the issued share capital). 12 March 2003 website: www.racplc.co.uk This information is provided by RNS The company news service from the London Stock Exchange END RDSGUUAUWUPWGUP
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