6th Jun 2013 14:32
Cable & Wireless Communications Plc
Notification of transactions of Directors, Persons Discharging Managerial Responsibility (PDMR) or Connected Persons
This disclosure relates to transactions notified to Cable & Wireless Communications Plc (the "Company") in accordance with DTR 3.1.2R on 5 June 2013 and is given in accordance with DTR 3.1.4R(1)(a).
The Company was notified on 5 June 2013 that Computershare Trustees (Jersey) Limited, trustee of The Cable & Wireless Communications Share Ownership Trust (formerly the Cable and Wireless Employee Share Ownership Trust) has undertaken transactions in the ordinary shares of the Company ("Shares") as set out below.
Restricted Share Plan
On 31 May 2013, Shares awarded under the Restricted Share Plan 2010 (the "Plan") were released to the following participant in accordance with the rules of the Plan:
Participant | Director/PDMR | Number of Shares |
Clare Underwood | PDMR | 198,987 |
In order to meet income tax and NI liabilities, 94,262 of these Shares were sold at a price of 43.00 pence per Share. Accordingly, Clare Underwood's holding in the Company has increased by 104,725 Shares.
Name of person making notification: Nicola Challen
Contact number: 020 7315 4000
Date of notification:6 June 2013
Related Shares:
CWC.L