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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Syndicate | LSE:SAM | London | Ordinary Share | GB00B0GR9291 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.42 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
Hot Features
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TIDMSAM
For immediate release: 4 March 2011
Syndicate Asset Management Plc
("Syndicate", the "Company" or the "Group")
Conditional Grant of Shares
The Directors of Syndicate Asset Management Plc (the "Company") (AIM: SAM), the
fund management group, announce the conditional award of ordinary shares of 0.2
pence each in the Group ("Ordinary Shares") to its Group Chief Executive
Officer, Mark Cheshire, its Chairman, Peter Dew, and its Group Chief Financial
Officer, Neil Hale, as part of the Company's Long Term Investment Plan
("LTIP"), as was adopted by the Board of Directors on 1 December 2009.
Details of the award are set out below and are subject to the Company achieving
certain share price performance conditions, and the individual concerned being
an employee of the Group at the vesting date and, if the award does vest, being
an employee of the Group on the date the award is exercised.
Director Number of Performance Earliest Exercise period
shares Measurement vesting date
awarded
Mark Cheshire 8,333,333 Share price to 1 March 2012 1 March 2012 to 1
be at least 2.0 March 2022
Peter Dew 2,666,666 pence per share
Neil Hale 2,666,666
Mark Cheshire 8,333,333 Share price to 1 March 2013 1 March 2013 to 1
be at least 2.5 March 2023
Peter Dew 2,666,667 pence per share
Neil Hale 2,666,667
Mark Cheshire 8,333,334 Share price to 1 March 2014 1 March 2014 to 1
be at least 3.0 March 2024
Peter Dew 2,666,667 pence per share
Neil Hale 2,666,667
-Ends-
Further information:
Syndicate Asset Management plc
Mark Cheshire (Group CEO) Tel: 020 7659 8060
Cenkos Securities plc
Stephen Keys (Nomad)
Julian Morse (Sales) Tel: 020 7397 8900
GTH Communications
Toby Hall/Christian Pickel Tel: 020 3103 3903
END
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