22nd May 2014 16:13
Meggitt PLC ("the Company")
Director/PDMR Shareholdings
Peter Huber
President, Meggitt Sensing Systems, PDMR
On 21 May 2014, Peter Huber exercised a stock-settled share appreciation right (SAR) under the Executive Share Option Scheme 2005 and sold all of the resulting shares:
Date of grant | Award price | Number of SARS | Exercise price* | Shares to satisfy the award | Shares sold at £4.7005 |
02.03.11 | £3.517 | 76,957 | £4.653 | 18,788 | 18,788 |
\* The price used to determine the number of shares to satisfy the award
As a result of this transaction, the shareholding of Peter Huber is unchanged at 164,354 ordinary shares (0.02% of issued share capital).
Lorraine Rienecker
EVP Customers & Aftermarket
On 21 May 2014, Lorraine Rienecker exercised nil cost options under the Equity Participation Plan and sold some of the resulting shares:
Scheme | Type of award | Grant Date | Number of Shares Exercised | Total Shares sold at £4.7005 | Shares retained |
EPP | Basic Award | 05/08/2009 | 14,854 | 10,939 | 3,915 |
EPP | Matching Award | 12/08/2009 | 27,175 | 20,012 | 7,163 |
EPP | Basic Award | 21/04/2011 | 38,288 | 28,196 | 10,092 |
EPP | Matching Award | 21/04/2011 | 24,333 | 17,920 | 6,413 |
On 21 May 2014, Lorraine Rienecker exercised stock-settled SARs under Part B of the Executive Share Option Scheme and sold some of the resulting shares:
Date of grant | Award price | Number of SARS | Exercise price* | Shares to satisfy the award | Shares sold at £4.7005 | Shares retained |
02.03.11 | £3.517 | 63,531 | £4.653 | 15,510 | 11,422 | 4,088 |
\* The price used to determine the number of shares to satisfy the award.
The shareholding of Lorraine Rienecker has increased to 87,920 ordinary shares (0.01% of issued share capital) as a result of these transactions.
Enquiries:
Meggitt PLC +44(0)1202 597597
Marina Thomas, Company Secretary ([email protected])
Rebecca Lawry, Company Secretarial Assistant ([email protected])
22 May 2014
Related Shares:
MGGT.L