18th Apr 2013 14:55
CHARLES TAYLOR PLC - Director/PDMR ShareholdingCHARLES TAYLOR PLC - Director/PDMR Shareholding
PR Newswire
London, April 18
Charles Taylor plc (the "Company")
Director PDMR Shareholding Vesting of share awardsThe Company announces that on 17 April 2013, the following Executive Directorsand PDMR's received nil cost performance share awards over ordinary shares of1p each in the Company ("shares") as a third of their deferred annual bonuspayment award for 2011. Following the awards, each recipient requested thatthe Trustee of the Charles Taylor Employees' Share Ownership Plan ("theTrustee") sell sufficient shares to cover their tax and NI liabilities anddealing costs and either requested that the Trustee sell the remainder on theirbehalf or transfer the balance into their name as indicated below:-
Executive Number of shares Number of shares Number of sharesDirector: vesting: sold: retained: Damian Ely 4,629 2,183 2,446 Alistair Groom 6,944 6,944 Nil Joe Roach 6,944 2,090 4,854 PDMR: Number of shares Number of shares Number of shares vesting: sold: retained: Stephen Card 4,386 2,068 2,318 Arthur 877 877 NilClarke Ivan Keane 2,192 2,192 NilThe shares that were sold were sold at 166p per share. Following thisannouncement, the Executive Directors and PDMR's and their connected personshold shares as follows:-
Director/PDMR: Number of shares: % of the total voting rights of the Company:
Damian Ely 12,997 0.03 Alistair Groom 328,300 0.81 Joe Roach 35,380 0.09 Stephen Card 2,318 0.01 Arthur Clarke 16,140 0.04 Ivan Keane 30,552 0.08This notice is given in fulfilment of the obligation under DTR3.1.4R.
For more information, please contact:
Ivan Keane - Group Company Secretary and General Counsel - 020 3320 2206
David Lanchester - Deputy Group Company Secretary - 020 3320 8829
Charles Taylor plc 18 April 2013 Notes to Editors: About Charles Taylor plcCharles Taylor plc, headquartered in London, is a leading internationalprovider of professional services to clients in the global insurance market.The Group has been providing professional services to insurance clients since1885 and today has 900 staff in 48 offices spread across 24 countries in theUK, the Americas, Asia Pacific, Europe and the Middle East.
The Group offers services across the whole insurance market, principally on afee-based model and operates through three professional services businesses -Management, Adjusting and Insurance Support Services. Charles Taylor also has aRun-off business that owns insurance companies which are closed to newbusiness.
Charles Taylor's vision is to become the professional services provider ofchoice to the insurance market.
Further information is available at www.ctplc.com
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