29th Jun 2006 11:15
Cable and Wireless plc NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY (PDMR) OR CONNECTED PERSONSCable and Wireless plc ("the Company") advises that 383,632 restricted sharesawarded to Rob Rowley on his acquisition of a similar number of shares in June2003 have now vested. Until vesting, the shares were held by the Trustee of theCable and Wireless Employee Share Ownership Trust ("the Trust").As a result of this vesting, and of the release of other share awards, theTrust has made the following disposals: * On 27 June 2006, the Trust transferred 226,026 Ordinary Shares to Rob Rowley on the vesting of his restricted awards. No consideration was payable for this transfer. * On 27 June 2006, the Trust, on behalf of Rob Rowley, sold 157,606 Ordinary Shares being the balance of the vested shares at a price of ‚£1.1175 per share to meet UK tax liabilities. * The Trust also transferred to other persons 48,699 Ordinary Shares on 26 June 2006 and 1,052 Ordinary Shares on 27 June 2006 to satisfy other share awards. No consideration was payable for these transfers. As a consequence of the above transfers, the Trust now holds 49,918,092Ordinary Shares.George Battersby, Harris Jones, John Pluthero, Tony Rice and Rob Rowley (allbeing Directors of the Company), in their capacity as members of the class ofbeneficiaries under the Trust, and Towers Perrin Share Plan Services (GSY)Limited, in its capacity as Trustee of the Trust, are deemed to have anon-beneficial interest in these Ordinary Shares.As a consequence of the vesting of the restricted shares and associateddisposal, Rob Rowley now holds a total of 735,126 Ordinary Shares in theCompany.These transactions relate to (i) transactions notified in accordance with DR3.1.4R(1)(a) and (ii) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985.Name of person making notification: Heledd HanscombContact number: 020 7315 4626Date of notification: 29 June 2006ENDCable & Wireless PLCRelated Shares:
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