VESTING OF LONG-TERM INCENTIVE PLAN 2006

 

TIDMBPG 
 
RNS Number : 9440V 
Business Post Group PLC 
20 July 2009 
 

 
 
20 July 2009 
 
 
 
 
 
 
Business Post Group plc 
 
 
VESTING OF LONG-TERM INCENTIVE PLAN 2006 
 
 
 
 
Business Post announces that the under-mentioned directors and persons 
discharging management responsibilities ("PDMRs") have received vesting shares 
under the terms of the Business Post Group plc Long Term Incentive Plan. The 
shares vested on 17 July 2009 pursuant to conditional awards originally made on 
17 July 2006. The disposals referred to below were made on 17 July 2009. The 
Business Post Employee Trust subsequently re-acquired the shares disposed of by 
the participants. The price in both transactions was 283p per share. The shares 
acquired by the Business Post Employee Trust will be used in fulfilling future 
incentive share scheme awards made by Business Post. The Trust holds 350,276 
shares following this transaction equivalent to 0.64% of the issued share 
capital. Business Post's issued share capital is 54,674,237 ordinary 10p shares. 
 
 
 
 
+----------------+--------------+----------+-----------+----------------------+ 
| Director/PDMR  |Total vested  | Shares   |  Shares   |  Total shares held   | 
|                |    shares    |  sold    |retained   |    after event.      | 
|                |              |          |           |  Number/% of share   | 
|                |              |          |           |       capital        | 
+----------------+--------------+----------+-----------+----------------------+ 
| Guy Buswell    |      229,197 |   93,972 |   135,225 |   266,466 (0.49%)    | 
+----------------+--------------+----------+-----------+----------------------+ 
| Steven Glew    |       92,046 |   37,740 |    54,306 |    95,820 (0.18%)    | 
+----------------+--------------+----------+-----------+----------------------+ 
| Alec Ross      |       46,145 |   18,920 |    27,225 |    57,286 (0.10%)    | 
+----------------+--------------+----------+-----------+----------------------+ 
| Steve Patrick  |       16,191 |    6,639 |     9,552 |     9,552 (0.02%)    | 
+----------------+--------------+----------+-----------+----------------------+ 
| Terry Richards |       16,191 |        - |    16,191 |    16,191 (0.03%)    | 
+----------------+--------------+----------+-----------+----------------------+ 
 
 
 
 
- Ends - 
 
 
 
 
For further information, please contact: 
+--------------------------------------------+---------------------------------+ 
| Business Post Group plc                    |                                 | 
+--------------------------------------------+---------------------------------+ 
|   Guy Buswell (Group Chief Executive)      | 0121 335 1111                   | 
+--------------------------------------------+---------------------------------+ 
|   Steven Glew (Group Finance Director)     | 01753 706 070                   | 
|                                            |                                 | 
+--------------------------------------------+---------------------------------+ 
| Hogarth Partnership                        |                                 | 
+--------------------------------------------+---------------------------------+ 
|        John Olsen                          | 020 7357 9477                   | 
|        Fiona Noblet                        |                                 | 
+--------------------------------------------+---------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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