4th Mar 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 PDMR in the Company's ordinary shares of 30p each ("Shares").
The Berendsen Performance Share Plan 2006
Following the vesting of awards under the terms of the Berendsen Performance Share Plan 2006 ("PSP") ("Awards") on 3 March 2014 (which vested at a level of 77.5%), 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, D A Lawler and C Ellegaard decided to sell the Shares that vested (which included such number of vested shares to discharge the relevant tax obligations) and K Quinn decided to sell half of his vested Shares (including such number of vested shares to discharge the relevant tax obligations) in all cases, at an average price of 1036.74 pence per Share.
Executive Directors
Name |
Role | Vested PSP Award (number) | Number of Shares sold (including those to discharge tax obligations) |
P J Ventress | Chief Executive Officer | 92,106 | 92,106 |
K Quinn | Chief Financial Officer | 56,871 | 28,436 |
PDMR's
Name |
Role | Vested PSP Award (number) | Number of Shares sold (including those to discharge tax obligations) |
S R Finch | Managing Director, UK Flat Linen | 52,312 | 52,312 |
D A Lawler | Company Secretary
| 40,148 | 40,148 |
C Ellegaard | Managing Director, Facility | 69,188 | 69,188 |
P L Havéus | Managing Director, Workwear | 69,188 | - |
Berendsen Deferred Bonus Share Plan 2006
On 3 March 2014, awards granted under the terms of the Berendsen Deferred Bonus Share Plan 2006 ("DBSP") on 3 March 2011, vested in full ("Awards"). Details of the Awards that vested are set out in the table below. On the same date, P J Ventress, S R Finch, D A Lawler and C Ellegaard decided to sell the Shares that vested (which included such number of vested shares to discharge the relevant tax obligations) and K Quinn decided to sell half of his vested Shares (including such number of vested shares to discharge the relevant tax obligations) in all cases, at an average price of 1036.74 pence per Share.
Executive Directors
Name |
Role | Vested DBSP Award (number) | Number of Shares sold (including those to discharge tax obligations) |
P J Ventress | Chief Executive Officer | 24,229 | 24,229 |
K Quinn | Chief Financial Officer | 14,248 | 7,124 |
PDMR's
Name |
Role | Vested DBSP Award (number) | Number of Shares sold (including those to discharge tax obligations) |
S R Finch | Managing Director, UK Flat Linen | 7,993 | 7,993 |
D A Lawler | Company Secretary
| 10,171 | 10,171 |
C Ellegaard | Managing Director, Facility | 18,376 | 18,376 |
P L Havéus | Managing Director, Workwear | 16,408 | - |
The notification of these 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