31st Jul 2014 11:55
LONDON (Alliance News) - Trinity Mirror PLC Thursday said Finance Director Vijay Vaghela was awarded shares and sold some of them for tax purposes under the company's Deferred Award Share Plan and the Long Term Incentive Plan.
Details are as follows.
| Shares released from the Trust | Shares sold at GBP1.99 to satisfy tax and NI liabilities | Shares retained |
DSA Plan Shares | 262,095 | 123,432 | 138,663 |
LTIP Shares | 170,362 | 80,231 | 90,131 |
The director's shareholding is as follows:
| Total beneficial holding following this notification | Total holding as a percentage of shares in issue |
Vijay Vaghela | 474,546 | 0.184% |
The company said Legal Director Paul Vickers also was awarded and sold shares under the same plans.
| Shares released from the Trust | Shares sold at GBP1.99 to satisfy tax and NI liabilities | Shares retained |
DSA Plan Shares | 171,429 | 80,733 | 90,696 |
LTIP Shares | 148,571 | 69,969 | 78,602 |
The director's shareholding is as follows:
| Total beneficial holding following this notification | Total holding as a percentage of shares in issue |
Paul Vickers | 353,426 | 0.137% |
Shares were down 1.1% at 197.50 pence Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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