Director Shareholding
February 13 2003 - 1:03PM
UK Regulatory
RNS Number:4838H
Molins PLC
13 February 2003
LONG TERM INCENTIVE PLAN AWARDS
Molins PLC announces the grant on 12th February 2003 of awards, under the
rules of the Long Term Incentive Plan, of ordinary shares of 25p each in the
Company by the Remuneration Committee to the Executive Directors of the
Company as set out below.
Director Number of Ordinary
Shares of 25 p each
Mr P J Byrom 120,000
Mr D J Cowen 78,000
Dr A J P Sabberwal 120,000
In accordance with institutional guidelines on long term remuneration for
senior executives, awards to participants in the Plan are dependent on
sustained performance by participants and on the underlying financial
performance of the Company in the three years ending 31 December 2005.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSUOUBRORRUAAR