16th Feb 2010 07:34
Amended Announcement - the notification of Director/PDMR Shareholding announcement made on 15th February 2010 at 16.46 has been amended. Full amended text is set out below.
15th February 2010
Enterprise Inns plc (the 'Company')
Notification of Director/PDMR Shareholding
On 12th February 2010 (the "Exercise Date"), G E Tuppen, D C George and W S Townsend, Directors of the Company, exercised options granted to them under the Enterprise Inns 2005 Long Term Incentive Plan (the "LTIP") and the Enterprise Inns 2005 Annual Bonus Plan (the "Bonus Plan") over ordinary shares of 2.5 pence each in the Company ("Shares"), as follows:
Exercise of options and the acquisition of Shares (to be held as Forfeitable Shares) under the LTIP
|
Name of PDMR/Director |
Date of grant of option |
Exercise Date |
Total number of Shares acquired on the Exercise Date |
Holding Period |
|
G E Tuppen |
19.12.05 |
12.02.10 |
21,107 |
12.02.10 to 19.12.10 |
|
D C George |
19.12.05 |
12.02.10 |
12,664 |
12.02.10 to 19.12.10 |
|
W S Townsend |
19.12.05 |
12.02.10 |
10,855 |
12.02.10 to 19.12.10 |
Exercise of options and the acquisition of Shares (to be held as Forfeitable Shares) under the Bonus Plan
|
Name of PDMR/Director |
Date of grant of option |
Exercise Date |
Total number of Shares acquired on the Exercise Date |
Holding Period |
|
G E Tuppen |
28.11.07 |
12.02.10 |
106,010 |
12.02.10 to 28.11.10 |
|
G E Tuppen |
25.11.09 |
12.02.10 |
128,558 |
12.02.10 to 25.11.12 |
|
D C George |
28.11.07 |
12.02.10 |
47,704 |
12.02.10 to 28.11.10 |
|
D C George |
28.11.08 |
12.02.10 |
28,823 |
12.02.10 to 28.11.11 |
|
D C George |
25.11.09 |
12.02.10 |
60,366 |
12.02.10 to 25.11.12 |
|
W S Townsend |
28.11.07 |
12.02.10 |
43,067 |
12.02.10 to 28.11.10 |
|
W S Townsend |
28.11.08 |
12.02.10 |
27,563 |
12.02.10 to 28.11.11 |
|
W S Townsend |
25.11.09 |
12.02.10 |
60,366 |
12.02.10 to 25.11.12 |
The options set out above were exercised on the condition that the Director agreed to hold all of the Shares acquired by him on the exercise of the option as forfeitable shares under the rules of the LTIP or Bonus Plan (as applicable). In particular, each Director has agreed not to sell, transfer, charge or otherwise dispose of any interest in the Shares before the expiry of the applicable Holding Period (as set out in the tables above) and all of the Shares so acquired will be forfeited in full for no payment if the Director ceases to be an officer or employee of the Company's group before the expiry of the relevant Holding Period, unless he ceases to be an officer or employee for one of the "good leaver" reasons specified under the relevant plan.
Exercise of options and the acquisition of Shares under the LTIP
|
Name of PDMR/Director |
Date of grant of option |
Exercise Date |
Total number of Shares acquired on the Exercise Date |
|
G E Tuppen |
04.02.05 |
12.02.10 |
80,947 |
|
D C George |
04.02.05 |
12.02.10 |
48,567 |
|
W S Townsend |
04.02.05 |
12.02.10 |
40,473 |
Each of the options was exercised upon payment of £1 in total.
All of the Shares acquired by each Director on the exercise of the options were registered in the name of the relevant Director.
The total number and percentage of shares held by each Director immediately following this notification are as follows:
|
Name of Director |
Total holding |
% Issued Shares |
|
G E Tuppen |
3,337,348 |
0.66 |
|
D C George |
2,195,511 |
0.43 |
|
W S Townsend |
784,258 |
0.15 |
Name of contact and telephone number for queries:
J A Poole
Company Secretary
0121 256 3024
Related Shares:
EI Group