Director/PDMR Shareholding

1st Oct 2009 13:23

Fidessa group plc ("the Company") Director / PDMR shareholdings 1 October 2009Fidessa group plc

Fidessa group plc ("Fidessa" or "the Company") announces that on 1 October 2009, Andy Malpass, Finance Director, sold 50,000 ordinary shares of 10p each in the Company at a price of 1170p. Following this transaction, Mr Malpass holds 89,908 ordinary Fidessa shares, representing 0.25% of the issued share capital of the Company. In addition, Mr Malpass has 132,500 options over ordinary shares under the Exceptional Growth Rate Incentive Plan plus conditional awards of 10,069 ordinary shares under the Share Bonus Plan.

This share sale was conducted to take advantage of existing tax legislation and the individual's position with respect to tax. Provided circumstances permit, Mr Malpass intends to reinvest a substantial proportion of the proceeds back into the shares of the Company in the future.

ENDS

vendor

---

Related Shares:

Fidessa Group