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Award of shares under the Share Incentive Plan

20 Feb 2014 07:00

RNS Number : 4898A
Sweett Group PLC
20 February 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 19 February 2014 that, following payroll contributions made on 31 January 2014, Cyril Sweett Trustee Company Limited, trustee of the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP'), awarded 13,927 ordinary shares of 10 pence each respectively in the Company ("Ordinary Shares") to participants in the SIP at a price of 53.5 pence per share.

 

Following the appropriation, Cyril Sweett Trustee Company Limited holds 8,624,953 Ordinary shares representing 12.62% 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

234 Ordinary Shares

234 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

1,081,815

1.58

Mr D R Pitcher

2,000,338

2.93

 

At the date of this announcement, the Company's issued share capital consists of 68,344,198 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

 

FTI Consulting +44 (0)20 7831 3113

Oliver Winters

 

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSGGURAPUPCGMB
Date   Source Headline
1st Aug 20117:00 amRNSAward of Shares under the SIP
15th Jul 20112:43 pmRNSHolding(s) in Company
4th Jul 20117:00 amRNSPreliminary Results
20th Jun 201111:17 amRNSReplacement - Award of shares under the SIP
20th Jun 20117:00 amRNSAward of Shares under the SIP
8th Jun 20117:00 amRNSAward of shares under the Share Incentive Plan
27th Apr 20117:00 amRNSTrading Update
14th Apr 20117:00 amRNSAward of shares under the Share Incentive Plan
7th Apr 20114:21 pmRNSIssue of Equity
15th Mar 20117:00 amRNSAlliance agreements signed with American firms
10th Mar 20117:00 amRNSFinancial close reached on hub North Territory
1st Mar 20112:11 pmRNSIssue of Equity
21st Feb 20113:08 pmRNSAward of Shares under the Share Incentive Scheme
16th Feb 20117:00 amRNSChange of Adviser
26th Jan 201112:12 pmRNSAward of Shares
17th Jan 20113:26 pmRNSAward of Shares
2nd Dec 20103:16 pmRNSDirector/PDMR Shareholding
1st Dec 20107:00 amRNSInterim Results
29th Oct 20107:00 amRNSTotal Voting Rights
27th Oct 20104:43 pmRNSHolding(s) in Company
27th Oct 20104:35 pmRNSAward of shares
26th Oct 20107:00 amRNSSuccessful CMA foundation pour
15th Oct 20107:00 amRNSTrading Update
8th Oct 20104:17 pmRNSAward of shares under the Share Incentive Plan
28th Sep 20104:50 pmRNSDirector/PDMR Shareholding
13th Sep 20107:00 amRNSDirectorate Changes
10th Sep 20101:11 pmRNSResult of AGM
6th Aug 201010:06 amRNSPosting of Report and Accounts and Notice of AGM
2nd Aug 20102:30 pmRNSDirectorate Change
30th Jul 20107:00 amRNSTotal Voting Rights
28th Jul 20104:26 pmRNSSIP Award
15th Jul 20109:44 amRNSDirector/PDMR Shareholding
9th Jul 20103:39 pmRNSHolding(s) in Company
9th Jul 201012:00 pmRNSDirector Shareholding and Issue of Equity
9th Jul 20107:47 amRNSAcquisition of Widnell Limited
2nd Jul 20101:22 pmRNSTransfer of SIP Shares
1st Jul 20108:30 amRNSTri-partite Alliance Agreed
1st Jul 20107:00 amRNSPreliminary Results
30th Apr 201012:48 pmRNSTotal Voting Rights
29th Apr 20107:00 amRNSAward of shares under the Share Incentive Plan
19th Apr 20107:00 amRNSPre-close Trading Update
23rd Mar 20102:08 pmRNSDirector/PDMR Shareholding
22nd Mar 201011:06 amRNSDirector/PDMR Shareholding
12th Mar 20103:21 pmRNSHolding(s) in Company
12th Mar 20103:00 pmRNSDirectorate Changes
5th Mar 20107:00 amRNSAcquisition of Padgham Australia and India
2nd Mar 20107:00 amRNSRe: Alliance
2nd Feb 20107:00 amRNSAcquisition of Padgham Australia and India
29th Jan 20104:58 pmRNSAward of shares under the Share Incentive Plan
29th Jan 20104:51 pmRNSHolding(s) in Company

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