23rd Sep 2013 15:48
LONDON (Alliance News) - Smiths Group PLC said that on Thursday a group of its directors and managers received share awards under its Value Sharing Plan, and matching share awards under its Co-Investment Plan. Some of the award shares were sold to at a weighted average price of 1,417.4831 pence per share to cover tax liability, Smiths said.
Name | Shares acquired under VSP | Shares acquired under CIP | Shares sold in market | Shares retained | |
Philip Bowman | Chief Executive | 25,885 | 112,169 | 65,016 | 73,038 |
Peter Turner | Finance Director | 10,354 | 11,764 | 10,417 | 11,701 |
Michael Herlihy | General Counsel | 5,177 | 26,862 | 15,089 | 16,950 |
Mr J.B.F. Jones | PDMR | 5,177 | 18,597 | 11,197 | 12,577 |
Mal Maginnis | PDMR | Nil | 12,396 | 5,838 | 6,558 |
Mr T. Nolan | PDMR | 5,177 | 18,134 | 10,979 | 12,332 |
Mark Reckitt | PDMR | 4,160 | Nil | 1,960 | 2,200 |
Srini Seshadri | PDMR | Nil | 40,368 | 18,203 | 22,165 |
Mr W.T. Smith | PDMR | 41,450 | 28,202 | 34,896 | 34,756 |
The engineering group also said it granted new conditional share awards on Thursday based on overall company goals as follows:
Name | No. of shares over which a conditional share award was granted under LTIP on 19 Sep 2013 |
Bowman | 178,470 |
Turner | 56,657 |
Herlihy | 33,994 |
Jones | 24,787 |
Nolan | 31,869 |
Conditional share awards were granted based on divisional goals, as follows:
Name | No. of shares over which a conditional share award was granted under LTIP on 19 Sep 2013 | |
Mr D. Gillis (John Crane) | 43,618 | |
Mr M.P. Maginnis (Smiths Detection) | 31,869 | |
Mr S. Seshadri (Smiths Medical) | 35,176 | |
Mr W.T. Smith (Flex Tek) | 27,437 | |
Smiths shares closed down 5.00p at 1,388.00p Monday.
By Tom Waite; [email protected]; @thomaslwaite
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