31st Jan 2014 11:27
LONDON (Alliance News) - The Berkeley Group Holdings PLC Friday said Chief Executive Andrew Pidgley, Managing Director Rob Perrins and Executive Director Greg Fry were awarded shares under the company share plan at an exercise price of GBP1.36 per share.
Details are as follows.
Name of Director | Number of shares issued | Percentage of Issued Share Capital | Total Holding following Notification | Percentage of Issued Share Capital held following Notification | ||
A W Pidgley | a) 2,693,166 | a) 1.990% | a) 8,295,516 (Beneficial) b) 19,183 (non-Beneficial) | a) 6.129% b) 0.014% | ||
R C Perrins | a) 1,009,937 | a) 0.746% | a) 2,070,152 (R C Perrins) b) 154,849 (Mrs V W Perrins) | a) 1.529% b) 0.114% | ||
G J Fry | 504,968 | 0.373% | 1,496,422 | 1.106% | ||
The company said the aforementioned directors sold shares at GBP25.83 each to cover tax liabilities. Pidgley sold 1.5 million shares in a deal worth approximately GBP38 million, Perrins 675,596 worth GBP17 miilion and Fry 337,798 worth GBP8 million.
Shares in the property development company were quoted at 2,574.00 pence down 0.4% Friday morning.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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Berkeley Group