19th Dec 2013 14:00
RESOLUTION LIMITED
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility and/or their Connected Persons
Release of conditional share award under service contract
On 19 December 2013, Resolution Limited (the "Company") was informed that ordinary shares of nil par value had been transferred from the Friends Provident Limited Employee Share Trust (the "Trust") to the PDMR named below. The transaction took place on 18 December 2013 in London. The price used to determine the award was 326.75 pence per share.
Name | Director/PDMR | Number of shares received | Total shareholding following transaction |
John Van Der Wielen | PDMR | 37,475* | 72,229 |
*net award from the Trust. 33,233 shares were withheld to meet Income Tax and National Insurance contributions due.
This disclosure relates to a transaction notified in accordance with DTR 3.1.4(1)(a).
Enquiries:
Victoria Hames, Company Secretary
Tel: +44 (0)1306 746716
Date of notification: 19 December 2013
Related Shares:
FLG.L