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STVG Stv Group Plc

219.00
-11.00 (-4.78%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stv Group Plc LSE:STVG London Ordinary Share GB00B3CX3644 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.00 -4.78% 219.00 214.00 224.00 230.00 220.00 230.00 689,284 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Television Broadcast Station 168.4M 4.5M 0.0963 22.85 102.79M

STV Group PLC Long-Term Incentive Plan - 2017 Award (1500S)

28/09/2017 4:24pm

UK Regulatory


TIDMSTVG

RNS Number : 1500S

STV Group PLC

28 September 2017

 
 STV Group plc 
  LEI 21380075G000TTBDNDJ58 
  Long-Term Incentive Plan - 2017 Award 
  28 September 2017 
 
 STV Group plc announces that it has today granted 
  a total of 297,415 conditional nil cost share 
  awards of 50p each to a total of 32 employees 
  under the STV Group plc Long-Term Incentive 
  Plan ("LTIP") which was approved by shareholders 
  on 30 April 2015. 
  The awards were granted at a price of GBP3.645 
  per ordinary share (the closing share price 
  on Wednesday 27 September 2017) and these 32 
  employees included the Chief Financial Officer, 
  George Watt. Mr Watt was awarded 62,057 shares. 
 These will be released to the participants in 
  at least three years time subject to their continued 
  employment and the satisfaction of the following 
  performance conditions:- 
 
 
                                          Threshold 
                                           vesting 
                                           (25% of 
    Performance conditions    Weighting      max)      Max vesting 
  -------------------------  ----------  ----------  --------------- 
   Growth in EPS                    50%          7%              12% 
  -------------------------  ----------  ----------  --------------- 
   Non-broadcast operating 
    profit in FY19                  30%     GBP4.0m          GBP9.0m 
  -------------------------  ----------  ----------  --------------- 
   TSR relative to the 
    FTSE Small Cap Index            20%      Median   Upper quartile 
  -------------------------  ----------  ----------  --------------- 
   Performance period for each metric commences 
    on 1/1/17 and ends on 31/12/19 
 
 
 Further enquiries: 
 
 Jane E A Tames 
 Company Secretary 
 STV Group plc 
 Tel: 0141 300 3074 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLPMATMBTTBMR

(END) Dow Jones Newswires

September 28, 2017 11:24 ET (15:24 GMT)

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