JET2 PLC Grant of deferred awards under the Senior Executive Incentive Plan which has recently been adopted by Dart Group Plc. The deferred awards represent the deferred elements of annual bonuses earned for the financial years ending 31 March 2014 and 31 March 2015, as reported in the Dart Group plc Annual Report and Accounts for each financial year, and for the financial year ending 31 March 2016.
The deferred awards have a normal vesting date of 6 July 2017, 23 July 2018 and 22 July 2019 respectively. The deferred awards are not subject to performance conditions but are subject to continued employment.
There is no price payable for the grant of the deferred awards, and the deferred awards have an exercise price of 1.25p per Ordinary Share.
Dart Group plc published this content on 28 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 July 2016 07:22:03 UTC.
Original documenthttp://www.dartgroup.co.uk/Investor_Relations/News/Director/PDMR_Shareholding_____________________________________________________________________________________________________________________________28_July_2016(2)/
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