Share Incentive Plan

 

TIDMBCT 
 
RNS Number : 5286O 
Business Control Solutions Grp PLC 
09 March 2009 
 

BUSINESS CONTROL SOLUTIONS GROUP PLC ('the Company') 
 
 
9th March 2009 
 
 
The Business Control Solutions Group plc Share Incentive Plan ("SIP") 
 
 
The Company announces that it was notified on 6th March 2009 of the purchase, 
on 5th March 2009, of 725,000 ordinary shares of 1p each in the Company 
("Shares") by Capita IRG Trustees Limited ("the Trustee"), at a price of 2 pence 
per Share, for the purpose of satisfying the purchase of Shares ("Free Shares") 
by eligible employees (including executive directors) under the SIP. The SIP has 
been approved by the Inland Revenue as a share incentive plan under Schedule 8 
to the Finance Act 2000. 
 
 
Following this transaction the Trustee holds 2,501,629 Shares, representing 
approximately 0.9 per cent of the Company's issued share capital, all of which 
are held on behalf of eligible employees pursuant to the terms of the SIP. 
 
 
The total number of Shares held under the SIP on behalf of directors is: 
 
Roger Shepherd 109,282 - approximately 0.04% of the Company's issued 
share capital; and 
Nigel Walder 12,500 - approximately 0.005% of the Company's issued share 
capital. 
 
 
The beneficial ownership of the Shares awarded to the above directors under the 
SIP will pass to the directors three years from the date of purchase subject to 
continued employment and the retention of the underlying shares purchased on 
their behalf. 
 
 
 
 
 
 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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