Director/PDMR Shareholding

11th Apr 2008 15:20

Melrose Resources PLC11 April 2008 FOR IMMEDIATE RELEASE 11 April 2008 MELROSE RESOURCES plc ("the Company") Director/PDMR Shareholding Notification of Awards under the Melrose Resources plc Performance Share Plan Melrose Resources plc (LSE: MRS) ("Melrose") announces the following grant ofawards ("Awards") in the form of nil-cost options under the Company'sPerformance Share Plan ("PSP Options") on 11 April 2008 at a price of 330p. +----------------------+-----------+-----------+-----------+-----------+-----------+|Name |PSP Options|PSP Options| Total PSP|Total other|Total other|| |outstanding| granted on| Options| share| share|| |at 10 April| 11 April|outstanding| options|options and|| | 2008| 2008|at 11 April|outstanding|PSP Options|| | | | 2008|at 11 April|outstanding|| | | | | 2008|at 11 April|| | | | | | 2008|+----------------------+-----------+-----------+-----------+-----------+-----------+|Robert F M Adair | 94,170| 81,818| 175,988| 112,065| 288,053|+----------------------+-----------+-----------+-----------+-----------+-----------+|David F Archer | 89,686| 77,818| 167,504| 80,852| 248,356|+----------------------+-----------+-----------+-----------+-----------+-----------+|J Munro M Sutherland | 107,623| 93,455| 201,078| 324,071| 525,149|+----------------------+-----------+-----------+-----------+-----------+-----------+|David H Thomas | 167,414| 109,091| 276,505| 0| 276,505|+----------------------+-----------+-----------+-----------+-----------+-----------+|Alasdair N Robinson | 34,168| 34,000| 68,168| 0| 68,168|+----------------------+-----------+-----------+-----------+-----------+-----------+ Notes 1 The Awards will vest on 10 April 2011, but only to the extent that certain performance criteria based on the Company's relative and absolute total shareholder return are satisfied over three financial years commencing with the current financial year; 2 No consideration is payable on the grant or vesting of the Awards; 3 The Company has 110,048,829 Ordinary Shares in issue; 4 The Company has also granted to employees, on 11 April 2008, 262,779 awards in the form of nil-cost options under the PSP at a price of 330p, and 303,409 options under the Phantom Share Option Scheme at a price of 330p exercisable from 11 April 2011 to 11 April 2018; 5 The Company now has a total of 2,905,767 share options outstanding, under all share option plans, representing 2.64% of the issued Ordinary Share Capital; 6 The notification of these Awards is intended to satisfy the Company's obligations under the FSA's Disclosure and Transparency Rule 3.1.4. For further information please contact:Melrose Resources plcAlasdair Robinson, Group Company Secretary 0131 221 3360 Buchanan CommunicationsBen Willey, Ben Romney 0207 466 5000 or visit www.melroseresources.com This information is provided by RNS The company news service from the London Stock Exchange

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