29 November 2010
Short-Term Deferred Incentive Plan
Under the terms of the Company's Short-Term Deferred Incentive Plan(the "Plan"), thefollowing Director and other members of the Executive Committee (all PDMRs) havetodaybeen granted awards in respect of the year to25 September 2010under which part of their annual bonus has been deferred into a conditional award of ordinary shares of the Company (the"BonusShares").
The Remuneration Committee has determined that 50%of the annual bonus awarded to Adam Fowle will be deferred into Bonus Shares, and the excess over 75% of base salary, earned by reference to Financial Year 2010, of the other members of the Executive Committee, as detailed below, will be deferred into Bonus Shares.
The Bonus Shares will be released in two equal tranches 12 and 24 months after deferral. On release of the Bonus Shares each PDMRs will also receive shares with a market value equal to the aggregate gross dividend paid on the Bonus Shares prior to the release date. No Matching Share award has been granted.
|Name||Bonus Shares||First Release Date||Second Release Date|
|Adam Fowle (Director)||68,089||29 November 2011||29 November 2012|
|Amanda Coldrick||9,225||29 November 2011||29 November 2012|
|Adam Martin||4,756||29 November 2011||29 November 2012|
|Roger Moxham||6,783||29 November 2011||29 November 2012|
|Saudagar Singh||1,291||29 November 2011||29 November 2012|
|Kevin Todd||9,225||29 November 2011||29 November 2012|
|Robin Young||1,325||29 November 2011||29 November 2012|
Deputy Company Secretary
Tel 0121 498 6514