1st Dec 2009 16:30
For immediate release
The Davis Service Group plc
("the Company")
Grant of Sharesave Option to Person Discharging Managerial Responsibility ("PDMR")
The Company announces the following changes to the interests of a PDMR in the Company's ordinary shares of 30p each ("Shares").
The Company recently invited all eligible employees to participate in the 2009 launch of the Davis Service Group Sharesave Plan 2006 ("DSGSP").
In connection with this launch and in accordance with the rules of the DSGSP, options were granted on 1 December 2009 with an exercise price of 323p per Share. These options will normally become exercisable from the DSGSP bonus maturity date in December 2014 for a period of six months.
The following PDMR has been granted an option in connection with the 2009 launch:
|
Name |
Role |
Number of Shares under option (number) |
Total number of Shares under option or award now held (number) |
Shares already held (number) |
|
D Lawler |
Company Secretary |
4,814 |
243,762 |
49,226 |
The notification of this option is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
Related Shares:
Berendsen