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Name | Symbol | Market | Type |
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Sth.staff 5% | LSE:43IH | London | Debenture |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
RNS Number:7919N South Staffordshire Water PLC 21 July 2003 South Staffordshire Water PLC a. Vesting of Awards under the Long Term Incentive Plan It is announced that Brian Whitty has today acquired 18,602 ordinary shares of 10p each (0.03% of the class), that David Penna has acquired 15,907 ordinary shares of 10p each (0.03% of the class) and that Adrian Page has acquired 10,311 ordinary shares of 10p each (0.02% of the class) under the Long Term Incentive Plan. The shares were provisionally awarded on 20 July 2000 with an award period of 3 years. The vesting of the provisional awards depended on the fulfillment of challenging performance criteria relating to EPS growth and share price performance against a comparator group of companies. Performance against the criteria was such that the Trustee of the Scheme has allowed 871/2% of the shares provisionally awarded to vest. The shares were acquired for no consideration but are subject to income tax and NI. Mr Whitty and Mr Penna have retained all of the shares acquired. Mr Page has sold 4,133 shares at a price of #4.90 which was sufficient to cover the tax liability. Mr Whitty now holds 73,627 ordinary shares of 10p each (0.12% of the class). Mr Penna now holds 54,334 ordinary shares of 10p each (0.09% of the class). Mr Page now holds 25,128 ordinary shares of 10p each (0.04% of the class). b. Transactions by the Employee Trust The South Staffordshire Water Employee Trust has today disposed of 44,820 ordinary shares of 10p each (0.07% of the class) and now holds 4,143 ordinary shares (0.007% of the class). This information is provided by RNS The company news service from the London Stock Exchange END RDSEAKXFASEDEFE
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