25th May 2007 16:15
Director/PDMR Shareholding in Cable and Wireless plc ("the Company")
The Company has been advised today that on 24 May 2007 the Trustees of the Cable and Wireless plc Employee Share Ownership Trust ("the Trust") released 170,940 Restricted Shares in the Company to Chris Hetherington, a Person Discharging Managerial Responsibility, at a price of ‚£1.707 per Ordinary Share in accordance with the rules of the Company's Restricted Share Plan.
As a consequence of the above release 36,382,876 Ordinary Shares are currently held under the Trust. George Battersby, Harris Jones, John Pluthero and Tony Rice (all being directors of Cable and Wireless plc), in their capacity as members of the class of beneficiaries under the Trust, and Lloyds TSB Offshore Trust Company Limited, in their capacity as Trustees of the Trust, are deemed to have a non-beneficial interest in these Ordinary Shares.
In addition, the Company has also been notified that on 24 May 2007 Ian Muir, a Person Discharging Managerial Responsibility, exercised an option over 150,000 Ordinary Shares in the Company and subsequently disposed of his interest in these shares at a price of ‚£1.956 per Ordinary Share.
No Directors are disposing of any beneficial interests in the Company.
25 May 2007
Cable & Wireless PLCRelated Shares:
CWC.L