25th Aug 2016 17:28
Meggitt PLC
Director/PDMR Shareholdings
Philip Green (Executive Director, Commercial and Corporate Affairs - Director/PDMR)
On 25 August 2016, Mr Green exercised a stock-settled share appreciation rights award (SAR) that was due to expire on 26 September 2016 under the rules of the 2005 Executive Share Option Scheme. Mr Green sold enough shares to cover tax and costs and retained the remaining shares:
Type of award | Grant Date | Award price | SARs under award | SARs exercise price *
| Shares to satisfy the award | Total shares sold £4.6110 | Total shares retained |
SAR | 27/09/2006 | £2.6367 | 23,365 | £4.6680 | 10,167 | 4,789 | 5,378 |
\* The price used to determine the number of shares to satisfy the award
As a result of this transaction, the shareholding of Mr Green has increased to 572,827 ordinary shares (0.07% of issued share capital).
Enquiries:
Meggitt PLC +44(0)1202 597597
Marina Thomas, Group Company Secretary ([email protected])
Adrian Bunn, Group Head of Investor Relations ([email protected])
25 August 2016
Related Shares:
MGGT.L