10th Apr 2007 07:00
IMI PLC06 April 2007 6 April 2007 The Secretary Company Announcements Office The 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 5 April 2007 the following persons, invested some orall of their annual bonuses (in respect of performance in 2006) 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 595.1065p per share: Name Position Number of Potential maximum matching shares acquired award* in the DBP Based on gross amount investedMr M J Lamb Chief Executive Director, IMI 49,644 105,913 plcMr D M Hurt Finance Director, 18,086 30,868 IMI plcMr D C Nicholas Executive Director, 26,944 45,988 IMI plcMr R M Twite Executive Director, 12,497 21,331 IMI plcMr T Hubbard Business President, Beverage 253 280 Dispense (US)Mr J A Mannebach Business President, Fluid Power 4,886 4,750Mr S Toomes Business President 3,774 3,814 Indoor ClimateMr I Whiting Business President 13,568 14,290 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 5 April 2007,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 sharesMr M J Lamb Chief Executive Director, 104,000 IMI plcMr D M Hurt Finance Director, 55,600 IMI plcMr D C Nicholas Executive Director, 55,400 IMI plcMr R M Twite Executive Director 50,600 IMI plcMr M Kelly Business President, 7,200 Beverage Dispense (Europe)Mr T Hubbard+ Business President, 7,000 Beverage Dispense (US)Mr J A Mannebach+ Business President, 26,500 Fluid PowerMr S Toomes Business President, 13,000 IMI Indoor ClimateMr I Whiting + Business President, 23,000 Severe ServiceMr W Garland Business President, 16,400 Merchandising Systems LEGACY AWARDS (A) 2002 Long Term Incentive Plan (LTIP) and Deferred Share Plan In addition, I hereby notify you that on 5 April 2007, the following personsinvested some or all of their net LTIP payment in respect of an award made in2004 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 595.1065p per share. Name Position Number of shares Potential maximum acquired in the matching award** Deferred Share PlanMr M J Lamb Chief Executive Director, IMI 28,206 7051 plcMr D C Nicholas Executive Director 15,309 3,827 IMI plcMr R M Twite Executive Director 1,458 364 IMI plc **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. (B) Exercise of options under IMI Executive Share Option (1995) Plan In addition, I hereby notify you that on 5 April 2007 the following personsexercised options granted to him on 24 March 2004 over the number of sharesshown against his name at 358p per share and sold the resulting shares, all asshown in the table below. Name Position No. of shares Number of shares Price per share sold post exercise obtained on saleMr M J Lamb Chief Executive Director, IMI plc 105,000 105,000 595.1065p Further dealings In addition, I hereby notify you that, Mr M J Lamb (a director of this Company)sold 87 shares on 5 April 2007 at 597.63p 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 ShareholdingMr M J Lamb 133,009Mr D M Hurt 29,181Mr D C Nicholas 84,365Mr R M Twite 24,638 Yours faithfully JOHN O'SHEA Company Secretary END. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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