13th Apr 2010 07:00
XCHANGING PLC
Announcement to the London Stock Exchange
This notification is made in accordance with DTR 3.1.4.
On 12 April 2010, the following awards over ordinary shares in the Company were made under the Xchanging plc 2007 Performance Share Plan (the "Plan") to Persons Discharging Managerial Responsibility ("PDMRs"):
|
Name of PDMR |
Total number of shares under the Award |
|
David Andrews |
431,415 |
|
Richard Houghton |
303,096 |
|
Steven Beard |
221,238 |
|
Kerry Purcell |
211,677 |
|
Paddy Byrne |
184,365 |
|
Matthias Sohler |
322,711 |
No consideration was paid for the grant of the award which is structured as a conditional award.
The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. The award will normally vest on the later of the third anniversary of grant and the determination of the performance conditions.
The Company was informed of the above transactions on 12 April 2010.
Name of contact and telephone number for queries: Gary Whitaker, telephone 020 7780 6999.
For and on behalf of Xchanging plc
Gary Whitaker
Date: 13 April 2010
Related Shares:
XCH.L