4th Sep 2009 09:37
4 September 2009
Director/ PDMR Shareholding
IMI PLC - GRANT OF OPTIONS UNDER THE NEW IMI PLC SHARE OPTION PLAN
In accordance with DTR 3.1.4R(1)(a) IMI plc (the "Company") announces that on 3 September 2009 the Company granted to each of the following Persons Discharging Managerial Responsibility options over the number of ordinary shares of £0.25 each in the Company shown against his name below in accordance with the rules of the Company's new Share Option Plan with an exercise price of £440.93 per share.
|
Name |
Position |
Number of shares |
|
Ian Whiting |
President, CCI |
120,000 |
|
Tim Hubbard |
President, IMI Cornelius Group |
90,000 |
|
Sean Toomes |
President, Indoor Climate |
90,000 |
|
Marshall Goldberg |
President, Merchandising |
75,000 |
No consideration was paid for the grant of the options. Under normal circumstances the options will become exercisable three years after the date they were granted and will lapse, to the extent they are not exercised, ten years after the date they were granted. .
Enquiries to:
Helen Afford Corporate Counsel Tel: 0121 717 3700
- END -
Related Shares:
IMI