Director/PDMR Shareholding

 

TIDMTHT 
 
RNS Number : 2947C 
Thorntons PLC 
10 November 2009 
 

 
 
 
 
THORNTONS PLC 
 
 
                              Notification of Director/PDMR Shareholding 
 
 
 
 
Thorntons plc (the "Company") announces that Mark Robson, the incoming Finance 
Director of the Company, has been granted market value options over ordinary 
shares in the capital of the Company under the Company's Long Term Incentive 
Plan 2007 as follows: 
 
 
Grant Date: 9 November 2009 
 
 
Period in which the option can be exercised: 9 November 2012 - 9 November 2019 
 
 
Amount paid for grant of option: nil 
 
 
Description of shares involved: Option over a maximum of 243,070 Ordinary shares 
of 10p 
 
 
Exercise price: 117.25p per share 
 
 
Total number of options following notification: 243,070 
 
 
 
 
On the same date, Mark Robson was also granted a restricted share award over 
76,759 ordinary shares in the capital of the Company ("Shares"). 
 
 
The grant of the restricted share award is a one-off award to facilitate the 
recruitment of Mark Robson, in lieu of entitlements foregone, made pursuant to 
Listing Rule 9.4.2(2) and will be satisfied by the transfer of existing shares. 
 
 
Mark Robson is permitted to sell a proportion of the Shares within 7 days of the 
award date solely in order to meet the tax and social security liability arising 
at the award date. The balance of the Shares will vest on the third anniversary 
of the grant date and is subject to continued employment at that time. 
 
 
 
 
Contact: Mark R. Henson - Company Secretary Tel: [phone] 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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