23rd Mar 2007 15:44
Notification of interests of directors/persons discharging managerial responsibility and connected persons ("PDMRs")
23 March 2007
The Company announces that on 22 March 2007 the executive directors of the Company and PDMRs listed below were granted options under the Company's Long Term Incentive Plan 2007 (2007 LTIP). Subject to satisfaction of performance targets, shares under the 2007 LTIP will vest in three years' time at an exercise price of 10 pence per ordinary share.
Directors Number of shares subject
to option A R G Gunn 266,538 P W Moore 392,307 J R Smart 307,693
PDMRs Number of shares subject
to option S J Clamp 118,000 R J W Crouch 55,384 M A Hampton 65,423 A P Jackson 70,385 R Sepe 114,155 J Stevens 114,155 P T Tunnicliffe 58,500
The notification of these transactions is made pursuant to Disclosure Rules DR 3.1.4 R(1)(a) and DR 3.1.4 R(1)(b) and is also deemed to be disclosure made in accordance with Section 324 (as extended by Section 328) of the Companies Act 1985 where appropriate.
Enquiries: Gordon Ellis, Group Secretary 01306 653087
FRIENDS PROVIDENT PLCRelated Shares:
Fondul Proprietatea