6th Sep 2007 17:14
BG GROUP plc06 September 2007 A. Notification of Interests in Shares 1) Options Granted under the BG Group Company Share Option Scheme (CSOS) BG Group plc has today received notification from the following ExecutiveDirectors and PDMRs that, on 5 September 2007, they were each granted an optionunder the rules of the CSOS to acquire the following Shares at a price of £7.92per Share: Options granted under the CSOS are normally exercisable between 3 and 10 yearsafter the date of grant and their exercise is conditional upon the achievementof specified performance criteria. Name Total number of Share Total number of Share options held under all options granted BG share option schemes after this grant on 5 September 2007ExecutiveDirectorsFrank 505,050 3,530,297ChapmanWilliamFriedrich 376,262 2,294,449Ashley 303,030 1,406,674AlmanzaPDMRsJorn Berget 214,646 657,726Charles 99,114 450,895BlandMark Carne 214,646 577,976Peter Duffy 104,293 663,050Stuart Fysh 214,646 697,080Martin 214,646 688,114HoustonKeith 21,307 68,760HubberRick 119,249 558,146Waddell These options are normally exercisable between 5 September 2010 and 4 September2017. 2) Awards under the BG Group Long Term Incentive Scheme (LTIS) BG Group plc has today also received notification from the following ExecutiveDirectors and PDMRs that, on 5 September 2007, they were each allocated thefollowing Shares under the rules of the LTIS: Name Number of Shares Total number of Shares allocated under the BG allocated LTIS after this award on 5 September 2007ExecutiveDirectorsFrank Chapman 553,426 1,743,932WilliamFriedrich 320,369 1,127,178Ashley Almanza 258,016 884,909PDMRsJorn Berget 199,121 705,588Charles Bland 87,010 325,811Mark Carne 199,121 572,248Peter Duffy 91,557 330,358Stuart Fysh 199,121 539,362Martin Houston 199,121 529,230Keith Hubber 16,810 39,914Rick Waddell 110,624 417,091 Under normal circumstances, the Shares will not be released until after theperformance period of 3 years, commencing on 5 September 2007. The release willbe conditional upon the achievement of specified performance criteria. The number of Shares shown is the maximum number which could be released underthe terms of the Scheme if the performance criteria were to be met in full. Today, the Company also received notification of the awards from the trustee ofthe LTIS. 3) Release of Shares under Long Term Incentive Scheme (LTIS) BG Group plc has also received notification today from the following ExecutiveDirectors and Persons Discharging Managerial Responsibilities (PDMRs) that, on3 September 2007, they became entitled to the Shares set out in the table below,as a result of the vesting of awards allocated to them under the rules of theLTIS on 3 September 2004. Based upon the performance criteria which applied tothese awards, 75% of the original allocations have vested. In transferring theseShares to the beneficiaries below, the trustee of the LTIS has withheld theamount of Shares, referred to below, equivalent to the individual income tax andNI liability arising for each of the Executive Directors and PDMRs, to besettled by the Company through PAYE. As a result of the above, the Executive Directors' and PDMRs' individualinterests in the Shares of BG Group plc are as follows: Number of Number of Shares Shares Resulting Beneficial Shares vested withheld to cover transferred Interest in Shares on 6 on 3 tax and NI on 6 September 2007 after LTIS September liability September transfer 2007 2007ExecutiveDirectorsFrank 562,500 230,625 331,875 768,217Chapman*WilliamFriedrich 435,000 178,350 256,650 626,770Ashley 300,000 123,000 177,000 354,118Almanza*PDMRsCharles 120,000 49,200 70,800 245,333BlandPeter 120,000 49,200 70,800 173,886DuffyStuart 150,000 61,500 88,500 408,455FyshMartin 150,000 61,500 88,500 356,515HoustonRick 150,000 54,675 95,325 177,566Waddell *4) Mr Frank Chapman & Mr Ashley Almanza (Executive Dirctors) The Company today received notification from Mr Frank Chapman, Chief Executive,and Mr Ashley Almanza, Chief Financial Officer, that subsequent to the transferof the shares referred to in 3) above, they sold BG Group plc Ordinary 10pShares on 6 September 2007 as detailed below. Mr Almanza further advised that heexercised options today under the BG Group Company Share Option Scheme (CSOS)over 204,066 Ordinary Shares of 10p each at a price of £2.705 per share and over250,000 Shares at a price of £3.4733 per share. He subsequently sold 290, 831Shares at the price per share shown below. Beneficial Shares Shares sold on 6 Resulting Beneficial Interest Interest acquired September 2007 and in Shares in Shares on price per share at on which sold 5 6 on 6 September 2007 after September September acquisition and sale of 2007 2007 shares and % of issued capital representedFrank 436,342 331,875 50,000 718,217Chapman (LTIS) (£8.09508) (0.021%)Ashley 177,118 177,000 200,000 317,353Almanza (LTIS) (£8.1077) (0.009%) 454,066 290,831** (CSOS) (£8.062575)** Following exercise of option 5) Mr Keith Hubber (Person discharging managerial responsibility) The Company has received notification from Mr Keith Hubber, Acting GeneralCounsel, that he exercised options today under the BG Group Company Share OptionScheme over 11,737 ordinary shares of 10p each, at a price of £3.4733 per share.He subsequently sold the shares at a price of £8.105 per share. Mr Hubber's beneficial interests in the ordinary share capital of BG Group plcare therefore still 6,726 shares, representing 0.0002% of the shares in issue. B. TRANSACTION IN OWN SHARES BG Group plc announces that it has today transferred 2,031,851 ordinary sharesto participants of its Long Term Incentive Scheme, at the direction of theTrustee of the Scheme. The transferred shares were formerly held in Treasury. Following the above transfer, BG Group plc holds 197,449,739 ordinary shares inTreasury and has a total of 3,368,340,688 ordinary shares (excluding shares heldin Treasury) in issue. 6 September 2007 Website www.bg-group.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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