3rd Sep 2008 16:25
Director/PDMR Shareholding in Cable and Wireless plc ("the Company")
The Company has been advised that the Trustees of the Cable and Wireless plc Employee Share Ownership Trust ("the Trust") have released Ordinary Shares in the Company as detailed below:
On 27 August 2008 shares were released to the Persons Discharging Managerial Responsibility listed below in accordance with the rules of the Company's Restricted Share Plan:
PDMR |
Total number of shares released |
Market price on date of vesting |
Shares sold |
Sale price |
Bernard Buckley |
34,113 |
£1.72 |
13,837 |
£1.7421 |
Richard Dodd |
42,641 |
£1.72 |
2,051 |
£1.7421 |
Philip Green |
36,550 |
£1.72 |
0 |
n/a |
Additionally, on 28 August 2008 the Trust released 67,479 ordinary shares to George Battersby, a Company Director, in accordance with the rules of the Company's Performance Share Plan. The market price of ordinary shares on the date of vesting was £1.72 per share. On the same day (28 August 2008) 26,781 of the released shares were sold for tax at a price of £1.7805 per share.
These disclosures relate to transactions notified in accordance with DTR 3.1.4R(1)(a) and (c).
3 September 2008
Related Shares:
CWC.L