WHY White Young

 

TIDMWHY 
 
RNS Number : 7995Q 
White Young Green PLC 
20 April 2009 
 

+-----------------------------------------+-----------------------------------------+ 
| For immediate release                   |                           20 April 2009 | 
+-----------------------------------------+-----------------------------------------+ 
 
 
White Young Green plc 
 
 
Awards under the Long Term Incentive Plan 
 
 
White Young Green plc ("the Company") announces that awards were made on 17 
April 2009 to two executive directors under the Long Term Incentive Plan ("the 
Plan"). Awards under the Plan take the form of an opportunity to receive shares 
in the Company ("2009 Awards"). 
 
 
The performance condition under the 2009 Awards is based on the Company reaching 
a share price target over a three year period from 17 April 2009 to 16 April 
2012 ("Performance Period"). 
 
 
Target performance means that the Company's share price at the end of the 
Performance Period should be equal to or greater than 60p. The price at the end 
of the Performance Period will be measured by reference to the average share 
price over the period 16 March 2012 to 16 April 2012. 
 
 
Awards have been made to directors which, if vested, would lead to those 
directors becoming entitled to a maximum of 900,000 shares as follows: 
 
 
    Paul Hamer, Chief Executive Officer:      500,000 ordinary shares 
    David Wilton, Group Finance Director:    400,000 ordinary shares 
 
 
The beneficial, family and contingent interests of the directors in the share 
capital of the Company are now as follows: 
 
 
+----------------+-------------+-------------+---------------+------------------+ 
|                | Beneficial  | LTIP        | Total         | Total shares as  | 
|                | shares      |             | Shares        | % of Issued      | 
|                |             |             |               | capital          | 
+----------------+-------------+-------------+---------------+------------------+ 
|                |             |             |               |                  | 
| Paul Hamer     | 63,000      | 500,000     | 563,000       | 1.08             | 
|                |             |             |               |                  | 
+----------------+-------------+-------------+---------------+------------------+ 
| David Wilton   | 75,000      | 400,000     | 475,000       | 0.91             | 
|                |             |             |               |                  | 
+----------------+-------------+-------------+---------------+------------------+ 
 
 
For more information please contact: 
 
 
+-------------------------------------------------+----------------------+ 
| White Young Green plc                           |   Tel: 0113 278 7111 | 
+-------------------------------------------------+----------------------+ 
| Paul Hamer, Chief Executive Officer             |                      | 
+-------------------------------------------------+----------------------+ 
| Susan Black, Group Communications               |                      | 
+-------------------------------------------------+----------------------+ 
|                                                 |                      | 
+-------------------------------------------------+----------------------+ 
| Buchanan Communications                         |   Tel: 0207 466 5000 | 
+-------------------------------------------------+----------------------+ 
| Tim Anderson, Rebecca Skye Dietrich             |                      | 
+-------------------------------------------------+----------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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