RPS Group Plc announces the release of conditional share awards granted on 14 March 2007 under the RPS Group Plc Long-Term Incentive Plan (the "LTIP").
In accordance with the rules of the LTIP and based on the Company achieving average basic earning per share growth of a minimum of 10% p.a. over a three year holding period, 100% of the shares subject to the awards have been released. As a consequence on15 March 2010 the following Executive Directors became the legal and beneficial owners of the following number of ordinary shares of the Company:
| Executive |
Number of Ordinary Shares |
| Peter Dowen |
60,222 |
| Dr Alan Hearne |
124,893 |
| Dr Philip Williams |
60,222 |
| Gary Young |
49,272 |
The Executive Directors have sold the number of ordinary shares of the Company set out against their names at a price of 178.1p per share.
| Executive |
Number of Ordinary Shares |
| Peter Dowen |
60,222 |
| Dr Alan Hearne |
124,893 |
| Dr Philip Williams |
24,770 |
| Gary Young |
20,265 |
Nicholas Rowe
Secretary
RPS Group Plc
Tel: 01235 438016