6th Nov 2008 16:14
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
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(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. |
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(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. |
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(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
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(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
Low & Bonar PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
(iii)
3. Name of person discharging managerial responsibilities/director
MAIN BOARD DIRECTOR: MR ROBERT DUNCAN CLEGG
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
DIRECTOR NAME IN 3 ABOVE
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
IN RESPECT OF PERSON NAMED IN 3 ABOVE
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY 25 PENCE SHARES
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
MR ROBERT DUNCAN CLEGG
8 State the nature of the transaction
SHARES RELEASED TO MR CLEGG, CHAIRMAN OF LOW & BONAR PLC, FROM THE LOW & BONAR 1995 EMPLOYEES' SHARE OPTION PLAN, IN ACCORDANCE WITH HIS SERVICE AGREEMENT WITH THE COMPANY. THE SHARES ARE IN RESPECT OF THE PERIOD 1 DECEMBER 2007 TO 31 MAY 2008
9. Number of shares, debentures or financial instruments relating to shares acquired
8,696
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.006%
11. Number of shares, debentures or financial instruments relating to shares disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
SHARES TRANSFERRED TO MR CLEGG AT NIL COST AS THESE FORM PART OF HIS FEES IN
ACCORDANCE WITH HIS SERVICE AGREEMENT WITH THE COMPANY
14. Date and place of transaction
6 NOVEMBER 2008, LONDON
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
105,005 (0.068%)
16. Date issuer informed of transaction
6 NOVEMBER 2008 - INFORMED BY TRUSTEE
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
………………………………
18. Period during which or date on which it can be exercised
………………………………
19. Total amount paid (if any) for grant of the option
………………………………
20. Description of shares or debentures involved (class and number)
………………………………
………………………………
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
………………………………
22. Total number of shares or debentures over which options held following notification
………………………………
23. Any additional information
………………………………
24. Name of contact and telephone number for queries
MATTHEW JOY, 020 7535 3180
Name and signature of duly authorised officer of issuer responsible for making notification
MATTHEW JOY, COMPANY SECRETARY
Date of notification
6 NOVEMBER 2008
END
Related Shares:
LWB.L