7th Apr 2008 16:49
IMI PLC07 April 2008 7 April 2008 The SecretaryCompany Announcements OfficeThe Stock Exchange Dear Sir IMI plc Executive Directors and Business Presidents - dealings in shares of IMIPlc DEFERRED BONUS PLAN I hereby notify you that on 4 April 2008 the following persons, invested some orall of their annual bonuses (in respect of performance in 2007) in acquiring abeneficial interest in the number of IMI plc ordinary shares shown against theirname in the table below, pursuant to their participation in IMI plc's DeferredBonus Plan (DBP) at 465.3716p per share: Potential maximum Number of matching award** shares acquired Based on gross Name Position in the DBP amount invested M J Lamb Chief Executive Director, 30,982 66,100 IMI plc D M Hurt Finance Director, 16,581 28,300 IMI plc D C Nicholas Executive Director, 16,502 28,165 IMI plc R M Twite Executive Director, 29,120 49,702 IMI plc T Hubbard Business President, Beverage 321 322 Dispense (US) I Whiting Business President 23,202 24,446 Severe Service *Shares acquired via investment of annual bonus under the DBP are eligible for amatching award, subject to performance conditions, if still held in three years'time. GRANT OF AWARDS UNDER THE 2005 PERFORMANCE SHARE PLAN Further, I hereby notify you that after the close of dealing on 4 April 2008,each of the following persons received an award, in the form of a nil-costoption (except those marked with + who received a deferred share award) over thenumber of ordinary shares shown against his name, in accordance with the rulesof the IMI plc 2005 Long Term Incentive Plan, known as the Performance SharePlan. Name Position Number of shares M J Lamb Chief Executive Director, 138,500 IMI plc D M Hurt Finance Director, 76,000 IMI plc D C Nicholas Executive Director, 71,500 IMI plc R M Twite Executive Director 71,500 IMI plc T Hubbard+ Business President, 9,500 Beverage Dispense (US) J A Mannebach+ Business President, 33,500 Fluid Power S Toomes Business President, 17,100 IMI Indoor Climate I Whiting + Business President, 30,000 Severe Service C Smith + Acting Business President, 8,000 Merchandising Systems LEGACY AWARDS 2002 Long Term Incentive Plan (LTIP) and Deferred Share Plan In addition, I hereby notify you that on 4 April 2008, the following personsinvested some or all of their net LTIP payment in respect of an award made in2005 in acquiring a beneficial interest in the number of IMI plc ordinary sharesshown against their name in the table below, pursuant to their participation inthe LTIP and the 2002 Deferred Share Plan at 465.3716p per share. Number of shares acquired in the Deferred Share Potential maximumName Position Plan matching award** M J Lamb Chief Executive Director, 37,225 9,306 IMI plc D C Nicholas Executive Director 19,827 4,956 IMI plc R M Twite Executive Director 16,872 4,218 IMI plc S Toomes Business President, 1,479 369 IMI Indoor Climate **Shares acquired under the Deferred Share Plan are eligible for a matchingaward if still held in three years' time of 1 for every four shares held. Thismatching award is not subject to performance conditions. On 4 April 2008, R M Twite, Executive Director of the Company, exercised anaward over 397 ordinary shares in the capital of the Company. Nothing was paidfor the exercise of this award, which was satisfied with shares held in theCompany's employee beneficial trust. The award was granted under the IMI plcDeferred Share Plan on 4 April 2005, prior to his appointment as an ExecutiveDirector, and became exercisable on 4 April 2008. Further dealings In addition, I hereby notify you that, R M Twite (a director of this Company)sold 6552 shares on 4 April 2008 at 465.3716p per share. Shareholdings of executive directors A shareholding guideline was adopted in 2005, which allows executive directorsthree years (or until June 2008 for those in post in 2005) to acquire interestsin IMI plc ordinary shares representing one times salary. Following thetransactions shown above, the beneficial interests of the executive directors'were as follows: Director of IMI plc Shareholding % of salary(^)(^)M J Lamb 229,134 162.5D M Hurt 46,326 59.8D C Nicholas 124,592 170.5R M Twite 70,776 96.8 (^)(^)based on 2008 salary and a share price of 465.3716p per share. Yours faithfully JO BOWERDeputy Company Secretary END. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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