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Director/PDMR Shareholding

30th Apr 2010 16:17

RNS Number : 1917L
Brammer PLC
30 April 2010
 



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 on 29 April 2010 by the Trustees of the Brammer plc Employee Share Ownership Trust ("the Trust") that on 24 April 2010, shares relating to awards over its ordinary shares of 20p each under the Company's Share Matching Plan were released by the Trust as follows:

 

 

DIRECTORS

NUMBER OF ORDINARY SHARES

SHARES SOLD

IAN FRASER

13,526

 

PAUL THWAITE

8,911

 

 

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

NUMBER OF ORDINARY SHARES

SHARES SOLD

IAN RITCHIE

5,712

2,914

NEIL ROGERS

4,250

 

NIGEL TREND

3,792

 

ERIC DIJKSTRA

1,560

 

CARL - FRIEDRICH WAYAND

3,820

 

PHILIPPE HERVIEUX

4,369

 

 

Shares were sold by the participant referred to above at £1.38125 per share on 26 April 2010 to meet the tax liability due as a consequence of the vesting of the Award.

 

The Share Matching Plan was approved by shareholders at the annual general meeting in May 2005. The Awards were granted in April 2007. 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 2007.

 

Name of authorised Company official responsible for making this notification:

 

Graham Jones

Deputy Company Secretary

0161 902 5573

 

30 April 2010

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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