24th Apr 2009 12:31
Brammer plc ("the Company")
Directors/PDMR Shareholdings
Notifications of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons pursuant to DTR 3.1.4R
Brammer plc was notified 23 April 2009 by the Trustees of the Brammer plc Employee Share Ownership Trust that on 18 April 2009 the following awards over its ordinary shares of 20p each under the Company's Share Matching Plan vested following the achievement of the appropriate performance targets in relation to the following:
DIRECTORS |
NUMBER OF ORDINARY SHARES |
SHARES SOLD |
IAN FRASER |
34,927 |
14,321 |
PAUL THWAITE |
23,058 |
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES |
NUMBER OF ORDINARY SHARES |
SHARES SOLD |
JOHN MILLER |
18,109 |
7,425 |
IAN RITCHIE |
5,397 |
2,213 |
NEIL ROGERS |
9,176 |
|
NIGEL TREND |
2,698 |
1,107 |
ERIC DIJKSTRA |
1,990 |
Shares were sold by the participants referred to above at £0.93375 per share on 20 April 2009 to meet the tax liability due as a consequence of the vesting of their Awards.
The Share Matching Plan was approved by shareholders at the annual general meeting in May 2005. The Awards were granted in April 2006. The participants are not required to make any payment for the vesting shares which vest on the achievement of specified performance targets. The performance targets were measured over a three year period which commenced on 1 January 2006.
Name of authorised Company official responsible for making this notification:
Graham Jones
Deputy Company Secretary
0161 902 5573
24 April 2009
Related Shares:
BRAM.L