28th Dec 2007 15:51
Wincanton plc
In fulfilment of an obligation imposed by DTR 3.1, the Company announces the following details relating to exercises of options under the terms of the Wincanton plc Executive Share Option Scheme 2001 ("ESOS").
1. Date of exercise: 27 December 20072. Description of shares involved:The exercises were in respect of Ordinary shares of 10 pence each in theCompany. Name of Director / Date of Option Options Shares SharesPDMR grant price Exercised sold retained Chris PDMR 15/12/ ‚£2.69 100,000 17,609 16,161Mason 2004 Graeme Director 26/09/ ‚£1.90 15,789 8,335 7,454McFaull 2001 Graeme 18/06/ ‚£1.90 78,132 56,446 21,686McFaull 2001 Charles PDMR 18/06/ ‚£1.90 84,145 60,791 23,354Phillips 2001 Jane PDMR 03/03/ ‚£2.325 47,270 35,956 11,314Scadding 2004 Jane 15/12/ ‚£2.69 30,000 3,132 4,505Scadding 2004 Victor PDMR 15/12/ ‚£2.69 30,000 3,132 4,505Strafford 2004 Nigel Director 12/12/ ‚£1.93 116,819 81,999 34,820Sullivan 2002
NB. In all instances, shares were sold with the sole purpose of paying the costs incurred on exercise of an option. The shares retained will be lodged under the terms of the Wincanton plc Share Match Incentive Scheme 2003, the most recent grant of which was made on the 14th December 2007. Participants have 30 days from the 14th December 2007 in which to lodge shares with IFG Trust Jersey Limited, the trustee of the Wincanton Employee Share Trust, in its capacity as nominee. At the end of the 30-day period a further announcement will be made confirming the total number of shares actually lodged.
3. Total number of shares over which options held, under the terms of the ESOS following this notification:
Name of Director / PDMR ESOS Chris Mason PDMR 100,000 Graeme McFaull Director 506,404 Charles Phillips PDMR 195,855 Jane Scadding PDMR 162,730 Victor Strafford PDMR 60,000 Nigel Sullivan Director 206,758
4. Any additional information:
Options granted on or after 15 December 2004, were granted by IFG Trust (Jersey) Limited, the trustee of the Wincanton Employee Share Trust. Options, which are granted by the Trust, are satisfied by the Trust using shares it holds on behalf of Wincanton plc employees. Exercises of unapproved option grants made by the Trust have been equity settled in accordance with the rules of the Scheme.
5. Name of contact and telephone number for queries: Stephen Williams, Deputy Company Secretary - 01249 710 748
6. Name of authorised company official responsible for making this notification:
Nigel Sullivan, Director7. Date of Notification: 28 December 2007
WINCANTON PLCRelated Shares:
WIN.L