2nd Jun 2011 11:00
SABMiller plc (the "Company")
Share Award Plan
Notification of transactions of directors, persons discharging managerial responsibility or connected persons in accordance with DTR 3.1
The following Directors and Persons Discharging Managerial Responsibility ("PDMRs") notified the Company on 1 June 2011 that they had been conditionally awarded, on 1 June 2011, by the Trustee of the Company's Employees' Benefit Trust, nil cost conditional awards under the Company's Executive Share Award Plan 2008 in respect of the numbers of US$0.10 ordinary shares in the Company as set out below. The release of shares is subject to satisfaction of the applicable performance condition.
Director/PDMR | Performance Share Award (EPS-based performance condition Note 1) | Value Share Award (TSR-based performance condition Note 2) |
E A G Mackay* | 125,000 | 220 |
M I Wyman* | 75,000 | 130 |
N J Adami | 65,000 | 115 |
M Bowman | 40,000 | 70 |
A J Clark | 65,000 | 115 |
S M Clark | 27,500 | 50 |
J Davidson | 27,500 | 50 |
N T Fell | 32,500 | 60 |
C A van Kralingen | 42,500 | 75 |
K Lippert | 40,000 | 70 |
A Mervis | 40,000 | 70 |
J S Wilson** | 50,000 | 100 |
* Director
** PDMR Designate
(Note 1) The conditional awards of a fixed number of EPS-based performance shares are subject to testing against the Company's three-year adjusted earnings per share growth.
(Note 2) The above specified number of TSR-based performance shares have been conditionally awarded for each £10 million of additional shareholder value created, defined as the amount by which the growth in the Company's market capitalisation plus net equity cash flows exceeds the median growth of a weighted peer group index, over a five year performance period.
Name of contact and telephone number for queries
Bill Warner: 01483 264268
Name of duly authorised officer of issuer responsible for making notification
John Davidson, General Counsel & Group Company Secretary
2 June 2011
Related Shares:
SAB.L