15th Apr 2014 18:00
For immediate release
BERENDSEN PLC
(the "Company")
Notification of interests of Directors and Persons Discharging Managerial Responsibility ("PDMR")
The Company announces the following changes to the interests of Directors and PDMRs in the Company's ordinary shares of 30p each ("Shares").
The Berendsen Co-Investment Plan 2009
Following the vesting of awards under the terms of the Berendsen Co-Investment Plan 2009 ("CIP") ("Matching Awards") on 14 April 2014 (which vested at a level of 83.13%), the number of Shares that have subsequently been transferred to certain Directors/PDMRs is set out below.
On the same date:
· P J Ventress, S R Finch and C Ellegaard sold their vested Shares;
· D Lawler sold 40,290 vested Shares; and
· K Quinn sold half of his vested Shares
in all cases, at an average price of 1009.702 pence per Share and including such number of vested Shares sufficient to discharge the Company's tax withholding obligations.
Executive Directors
Name | Role | Vested Shares Transferred (number) | Number of Shares sold (including those to discharge tax obligations) |
P J Ventress | Chief Executive Officer | 118,022 | 118,022 |
K Quinn | Chief Financial Officer | 85,403 | 42,702 |
PDMRs
Name | Role | Vested Shares Transferred (number) | Number of Shares sold (including those to discharge tax obligations)
|
S R Finch | MD UK & Ireland Flat Linen | 42,129 | 42,129 |
D A Lawler | Company Secretary | 60,290 | 40,290 |
C Ellegaard | MD Facility | 103,898 | 103,898 |
P L Havéus | MD Workwear | 103,898 | N/A |
The notification of these Matching Awards is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4(1).
David Lawler
Company Secretary
Related Shares:
Berendsen