PRN: Exercise of Employee Incentive Plan in Kindred Group plc

23/mar/2017 04:39:34 PR Newswire Turismo Contatta l'autore

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Exercise of Employee Incentive Plan in Kindred Group plc


VALLETTA, Malta, Mar 23, 2017 /PRNewswire/ --

At exercise of the Employee Incentive Plan that was introduced for all employees in January 2014, where employees could choose between a cash bonus of GBP 3,000 or the equivalent value in performance share rights, the full value has vested and 107,004 share awards were exercised using 107,004 SDRs from Kindred Group's buy-back programme.

Following this exercise, 2,478,262 SDRs from the Share buy-back programmes continue to be held by the Kindred Group. The total amount of shares outstanding in Kindred Group plc is 230,126,200 ordinary shares with a par value of GBP 0.000625.

For more information:

Inga Lundberg
Investor Relations
Tel: +44-788-799-6116

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Company Codes: Bloomberg:KINDSDB@SS, ISIN:SE0007871645, RICS:KINDSDB.ST, Stockholm:KINDSDB
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