11th Mar 2013 12:16
MENZIES(JOHN) PLC - Director/PDMR ShareholdingMENZIES(JOHN) PLC - Director/PDMR Shareholding
PR Newswire
London, March 11
John Menzies plc - Director/ PDMR Shareholding
11 March 2013
2007 Long Term Incentive Plan
Awards made in March 2010 under the Company's 2007 Long Term Incentive Planvested on 8 March 2013 and the following PDMR's have been allocated ordinaryshares of 25p each in the Company from Treasury. The number of shares allocatedhas been reduced as part of arrangements under which the Company will settlesome of the PAYE liability arising as a result of the awards. The table belowshows the gross amount of the award, the PAYE adjustment in the gross amount ofthe shares awarded and the net amount of shares allocated.
Name Percentage of Shares PAYE Net Shares performance awarded Adjustment allotted conditions attained Paul Dollman 100% 91,662 47,665 43,997 John Geddes 67% 14,105 7,335 6,770 David McIntosh 25% 49,341 25,658 23,683 Craig Smyth 100% 87,719 45,614 42,105 2005 Bonus Co-investment PlanAwards made in March 2010 under the Company's 2005 Bonus Co-investment Planvested on 8 March 2013 (following full satisfaction of the performancecriteria) and the undernoted PDMR's have been allocated ordinary shares of 25peach in the Company from Treasury. The number of shares allocated has beenreduced as part of arrangements under which the Company will settle the PAYEliability arising as a result of the award. The table below shows the grossamount of the award, the PAYE adjustment in the gross amount of the sharesawarded and the net amount of shares allocated
Name Shares PAYE Net shares awarded Adjustment allotted Paul Dollman 20,448 10,633 9,815 David McIntosh 10,847 5,641 5,206 Craig Smyth 11,177 5,813 5,3642000 Executive Share Option Scheme
Options granted to Paul Dollman and Craig Smyth on 7 May 2004 under theCompany's Executive Share Option Scheme were exercised on 8 March 2013(following full satisfaction of the performance criteria) as follows:
Name Exercise Shares Price exercised Paul Dollman 418p 58,714 Craig Smyth 418p 43,062 Following the above the undernoted PDMR's disposed of shares on 8 March 2013 asfollows: Name Number of Share Price Resultant Percentage Shares sold beneficial of Issued holding Share Capital Paul Dollman 197,526 766p 103,538 0.17% John Geddes 6,000 766p 9,815 0.02% David McIntosh 33,889 766p 82,995 0.14% Craig Smyth 130,531 766p 110,364 0.18%For further information please contact:
John Geddes, Group Company Secretary, John Menzies plc 0131 459 8180
Jonathon Brill/Alex Beagley, FTI Consulting 020 7831 3113
Related Shares:
MNZS.L