26 January 2016
easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms that on 25 January 2016 its remuneration committee granted nil-cost options over 470,324 ordinary shares of 1p each ("Ordinary Shares") to its Chief Executive Officer, Guy Parsons and over 376,259 Ordinary Shares to its Chief Financial Officer, Marc Vieilledent.
These awards are subject to stretching performance conditions based on achieving a combination of certain strategic and financial targets and, depending on the extent to which the relevant targets are achieved, may vest in part or in full after three years subject to continued employment. Awards that do not vest after the three year performance period will lapse. The awards were made under the easyHotel 2015 Performance Share Plan.
-Ends-
easyHotel plc | www.easyhotel.com |
Guy Parsons, Chief Executive Officer | |
Marc Vieilledent, Chief Financial Officer | http://ir.easyhotel.com |
Investec (Nominated Adviser and Broker) | +44 (0) 20 7597 4000 |
Chris Treneman | |
David Anderson | |
Hudson Sandler (Financial PR) | +44 (0) 20 7796 4133 |
Wendy Baker | |
Emily Dillon |
easyHotel plc issued this content on 26 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 January 2016 15:21:06 UTC
Original Document: http://ir.easyhotel.com/index.php/download_file/view/66/138/