Cape plc Director / PDMR notification (8897W)

TIDMCIU

RNS Number : 8897W

Cape plc

29 April 2016

29 April 2016

Cape plc ('Cape' or the 'Company')

Director / PDMR notification

Cape Performance Share Plan

Cape plc (the "Company") announces that Joe Oatley and Michael Speakman were granted nil-cost options over the Company's ordinary shares of 25 pence each on 29 April 2016 pursuant to the Company's Performance Share Plan:

 
 Director            Number of options   Total number 
                      and % of issued     of shares over 
                      capital             which options 
                                          are held, and 
                                          % of issued capital 
                                          following this 
                                          notification 
 Joe Oatley          280,788 - 0.23%     863,115 - 0.71% 
 Michael Speakman    208,848 - 0.17%     643,733 - 0.53% 
 

Subject to certain performance conditions being met, the options will vest on a sliding scale basis on the third anniversary of the date of grant, and be exercisable during the period 29 April 2019 to 29 April 2021. Such part of the options which do not vest, due to the performance conditions not being met, will lapse.

Cape plc

Richard Allan

Company Secretary

Direct dial: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 29, 2016 10:42 ET (14:42 GMT)