23rd Jun 2005 16:14
Inmarsat PLC23 June 2005 INMARSAT PLC NOTIFICATION PURSUANT TO SECTION 324 OF THE COMPANIES ACT 1985 (THE "ACT") The Company has received notification of the following interests of thedirectors (following the exercise of the greenshoe where appropriate) in theissued ordinary share capital of the Company: Michael Butler 2,186,057 ordinary shares of €0.0005 eachSir Bryan Carsberg 16,327 ordinary shares of €0.0005 eachStephen Davidson 16,327 ordinary shares of €0.0005 eachJames Ellis Jr 16,327 ordinary shares of €0.0005 eachRick Medlock 2,438,163 ordinary shares of €0.0005 each*John Rennocks 33,104 ordinary shares of €0.0005 eachAndrew Sukawaty 4,857,905 ordinary shares of €0.0005 each * Mr Medlock's shareholding includes 8,163 ordinary shares held by the G KMedlock Trust of which he is a trustee and beneficiary. The Executive Directors are also deemed to have a technical interest in5,616,051 ordinary shares of €0.0005 each held by the Inmarsat Employees ShareOwnership Trust simply by virtue of being within the class of beneficiaries ofthe Trust. The Company has received notification pursuant to section 324 of the CompaniesAct of the following conditional share awards made to Executive Directors underthe Inmarsat 2005 Performance Share Plan: Michael Butler 106,123 share allocationsRick Medlock 106,123 share allocationsAndrew Sukawaty 153,062 share allocations Under the Inmarsat 2005 Bonus Share Plan, the Executive Directors have also beengranted a maximum sterling value over shares as follows which will be allocatedsubject to performance conditions being achieved: Michael Butler £97,500Rick Medlock £97,500Andrew Sukawaty £210,937 The number of shares to be awarded will be calculated according to the shareprice in the market shortly after the publication of the final results for theyear ended 31 December 2005. For further information contact: Alison Horrocks, Company Secretary - 020 7728 1626 Inmarsat plc. Registered in England and Wales.Company No. 4886072Registered Office: 99 City Road, London EC1Y 1AX This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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