19th Nov 2008 14:36
FOR IMMEDIATE RELEASE
19 November 2008
Melrose Resources plc ("the Company")
Director/PDMR shareholding
Melrose Resources plc (LSE:MRS) announces that on 19 November 2008 it received notification from Appleby Trust (Jersey) Limited (the 'Trustee') in its capacity as trustee of the Melrose Resources plc Employee Benefit Trust (the 'Trust') that on 18 November 2008 the Trustee purchased 30,000 ordinary shares of 10 pence each in the Company at a price of 205 pence per share. The entire holding of the Trust in the share capital of the Company is now 270,000 ordinary shares equating to 0.25% of the current issued share capital of the Company.
The Trust was established to facilitate the operation of the Melrose Resources plc Performance Share Plan (the 'Plan') and it is intended that the shares purchased by the Trust will be used to satisfy awards under the Plan.
In accordance with DTR 3.1.4 of the FSA's Disclosure and Transparency Rules, the Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company have an interest in the shares acquired by the Trustee as they are potential beneficiaries of the Trust.
For further information please contact:
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Melrose Resources plc |
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Alasdair Robinson, Group Company Secretary |
0131 221 3360 |
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Buchanan Communications Limited |
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Ben Willey/Ben Romney |
0207 466 5000 |
or visit www.melroseresources.com
Related Shares:
Management Resource Solutions