17th Dec 2013 17:09
17 December 2013
Cobham plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Cobham plc (the "Company") announces in respect of ordinary 2.5 pence shares of the Company ("Shares") that on 16 December 2013, the buy-out awards issued to Robert (Bob) Murphy vested and 38,327 Shares were sold to cover deductions due on that vest, at a price of 265.519 pence per Share.
The resulting 33,978 Shares have been retained by Mr Murphy.
The vest was made up of 72,305 Shares under the Company's Performance Share Plan 2007 ("PSP"). This award was in relation to a partial vest of an award made in recognition of the loss of value in unvested equity forfeited from his former employer.
Name of contact and telephone number for queries:
Julian Wais
Director of Investor Relations
01202 857998
Related Shares:
Cobham