17 Apr 2014 16:17
17 April 2014
Sweett Group plc (the "Company")
Award of shares under the Share Incentive Plan
Sweett Group (AIM: CSG.L), the international construction and property consultancy, announces that it received notification on 17 April 2014 that, following payroll contributions made on 31 March 2014, Cyril Sweett Trustee Company Limited, trustee of the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP'), awarded 14,341 ordinary shares of 10 pence each respectively in the Company ("Ordinary Shares") to participants in the SIP at a price of 38.5 pence per share.
Following the appropriation, Cyril Sweett Trustee Company Limited holds 8,398,447 Ordinary shares, representing 12.23% of the issued share capital of the Company.
Under the SIP, the following directors of the Company purchased Ordinary Shares:
Mr D L Webster Mr D R Pitcher | Chief Executive Officer Director | 324 Ordinary Shares 324 Ordinary Shares |
Therefore the following directors' beneficial holdings in the Company have changed following these appropriations:
Following the appropriations | ||
Name | Number of shares | % |
Mr D L Webster | 1,094,375 | 1.59 |
Mr D R Pitcher | 2,025,898 | 2.95 |
At the date of this announcement, the Company's issued share capital consists of 68,659,879 Ordinary Shares with voting rights and the Company holds no Ordinary Shares in Treasury.
For further information, please call:
Sweett Group plc +44 (0)20 7061 9000
Patrick Sinclair, Chief Financial Officer
Philip Watt, Company Secretary
Westhouse Securities Limited +44 (0)20 7601 6100
Tom Griffiths
Paul Gillam
About Sweett Group
Sweett Group plc is a global business with expertise in property and infrastructure professional services. Our services include programme and project management, cost management, advisory and PPP/PFI investment.
We aim to forge long term, successful relationships with all stakeholders in the property and infrastructure industry. "Global knowhow, local delivery" is the essence of our business and our reach enables us to put global best practice to use in the local markets we serve.
www.sweettgroup.com |
ENDS