20th Mar 2009 16:24
Brammer plc ("the Company")
Directors/PDMR Shareholdings
Notifications of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons pursuant to DTR 3.1.4R
Brammer plc was notified on 20 March 2009 by the Trustees of the Brammer plc Employee Share Ownership Trust that on 17 March 2009 the following awards over its ordinary shares of 20p each under the Company's Performance Share Plan vested following the achievement of the appropriate performance targets in relation to the following:
|
DIRECTORS |
NUMBER OF ORDINARY SHARES |
SHARES SOLD |
|
IAN FRASER |
97,050 |
39,791 |
|
PAUL THWAITE |
64,071 |
26,270 |
|
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES |
NUMBER OF ORDINARY SHARES |
SHARES SOLD |
|
JOHN MILLER |
50,322 |
20,633 |
|
CHRISTOPHER SHORT |
27,976 |
|
|
JOSE IGNACIO OLAVE |
25,089 |
4,010 |
|
IAN RITCHIE |
16,318 |
6,691 |
|
PHILIPPE HERVIEUX |
14,614 |
6,000 |
|
NIGEL TREND |
10,982 |
2,982 |
|
NEIL ROGERS |
10,811 |
|
|
ERIC DIJKSTRA |
3,707 |
|
|
JOCHEN DIEHM |
4,610 |
|
|
RALF HELLWIG |
4,129 |
The shares were sold by some of the participants referred to above at 73.125 per share on 17 March 2009 to meet the tax liability due as a consequence of the vesting of their Awards.
The Performance Share Plan was approved by shareholders at the annual general meeting in April 2002. The Awards were granted in April 2006. The participants are not required to make any payment for the vesting shares which vest on the achievement of specified performance targets. The performance targets were measured over a three year period which commenced on 1 January 2006.
Name of authorised Company official responsible for making this notification:
Graham Jones
Deputy Company Secretary
0161 902 5573
20 March 2009
Related Shares:
BRAM.L