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CSO - Capital Shopping Centres Group Plc - Directors` and PDMRs` shareholdings

Release Date: 10/03/2011 13:00
Code(s): CSO
Wrap Text

CSO - Capital Shopping Centres Group Plc - Directors` and PDMRs` shareholdings CAPITAL SHOPPING CENTRES GROUP PLC (Registration number UK3685527) ISIN Code: GB0006834344 JSE Code: CSO Issuer Code: CSCSCG CAPITAL SHOPPING CENTRES GROUP PLC (the "Company") DIRECTORS` AND PDMRs` SHAREHOLDINGS AWARDS UNDER THE ANNUAL BONUS SCHEME AND THE SHARE INCENTIVE PLAN ("SIP") Under the Company`s annual bonus scheme arrangements, conditional awards of the Company`s ordinary shares have been made to certain employees including Executive Directors and PDMRs. The awards comprise Restricted shares which will be released two years after the date of the award, provided the individual Director or PDMR has remained in service. The Company also operates a Share Incentive Plan ("SIP") for all eligible employees, including Executive Directors and PDMRs, who may receive up to GBP3,000 worth of Capital Shopping Centres Group ordinary shares as part of their bonus arrangements. SHARE OPTION GRANTS On 3 March 2011, share options were granted to certain employees including Executive Directors and PDMRs at an exercise price of 387p per share. Subject to the satisfaction of certain performance conditions, the options will be exercisable between three and ten years following the date of grant. Details of the awards of Restricted shares, SIP shares and options to Directors and PDMRs in respect of the year ended 31 December 2010 are set out below: Restricted SIP Unapproved Options Directors: David Fischel 158,784 775 350,000 Kay Chaldecott 73,642 775 250,000 Matthew Roberts 65,470 775 250,000
PDMRs: Martin Ellis 17,054 775 120,000 Caroline Kirby 17,054 775 120,000 Trevor Pereira 15,503 775 120,000 Susan Folger 12,014 775 75,000 Hugh Ford 48,836 775 150,000 Peter Weir 10,852 775 75,000 Mike Butterworth - - 225,000 Gordon McKinnon - - 100,000 Julian Wilkinson - - 100,000 Susan Folger Company Secretary 020 7887 7073 10 March 2011 Sponsor: Merrill Lynch SA (Pty) Limited Date: 10/03/2011 13:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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