3 Jun 2014 15:22
Hogg Robinson Group plc
3 June 2014
Hogg Robinson Group
(the 'Company')
Directors' interest in shares
The Company hereby notifies that with effect from 27 May 2014 the following awards (originally granted on 27 May 2011), under the Performance Share Plan ("PSP") and Company Share Option Plan ("CSOP") vested in respect of the following Directors as a result of performance conditions being met under those plans:
PSP CSOP
David Radcliffe 257,478 189,277
Kevin Ruffles 172,802 115,201
No payment is payable to the Company on the vesting of awards under either the PSP or CSOP. In addition, and pursuant to annual awards made under the Company's Long Term Incentive Plan, the following additional Directors' interests in the ordinary share capital of the Company are also notified.
PSP
David Radcliffe 567,417
Philip Harrison 378,808
Kevin Ruffles 380,812
The potential vesting of the above awards are subject to the terms of the PSP and performance criteria which measure total shareholder return and cumulative underlying earnings per share over the vesting period. No award has been made to any Director under the CSOP as part of this year's annual awards.
In addition, David Radcliffe continues to be beneficially interested in a further 2,428,062 shares in the Company, and Kevin Ruffles continues to be beneficially interested in a further 596,591 shares in the Company.
Notification of each of the above transactions is now made in accordance with Disclosure Rule 3.1.4R.
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Enquiries
Hogg Robinson Group plc
Keith Burgess, Company Secretary +44 (0) 1256 312 600