20th May 2011 16:00
EBT Release
Notification of transactions of directors, persons discharging managerial responsibility or connected persons in accordance with DTR 3.1 and Paragraph 26 of the Model Code, undertaken in accordance with Trading Plans.
The independent trustee of the SABMiller plc Employees' Benefit Trust ("EBT") notified the Company on 20 May 2011 that it had on 16 May 2011 and 19 May 2011 exercised its discretion and released 837,500 ordinary shares in SABMiller plc to directors and persons discharging managerial responsibility (PDMRs) participating in the Performance Share Award Scheme and International Performance Share Award Sub-scheme, as summarised in the table below. These shares relate to conditional awards made in 2006 and 2008 to the directors and PDMRs named below.
Name of Director or PDMR | Date Trading Plan entered into | Shares released on 16 May 2011 | Shares sold on 16 May 2011 | Shares retained | Shares released on 19 May 2011 | Shares sold on 19 May 2011 | Shares retained | Total beneficial holding as at 19 May 2011 |
E.A.G. Mackay* | 22-Mar-11 | 192,050 | 99,866 | 92,184 | 37,950 | 19,734 | 18,216 | 1,513,327 |
M.I. Wyman* | 22-Mar-11 | 116,900 | 60,788 | 56,112 | 23,100 | 12,012 | 11,088 | 634,329 |
M.J. Bowman | 21-Mar-11 | 41,750 | 18,203 | 23,547 | - | - | - | 56,550 |
A.J. Clark | 21-Mar-11 | 83,500 | 29,225 | 54,275 | 16,500 | 5,775 | 10,725 | 74,473 |
S.M. Clark | 21-Mar-11 | 41,750 | 21,710 | 20,040 | 8,250 | 4,290 | 3,960 | 46,854 |
J. Davidson | 8-Mar-11 | 37,575 | 19,539 | 18,036 | 7,425 | 3,861 | 3,564 | 67,308 |
N.T. Fell | 21-Mar-11 | 50,100 | 26,052 | 24,048 | 9,900 | 5,148 | 4,752 | 72,890 |
C.A. van Kralingen | 21-Mar-11 | 83,500 | 42,642 | 40,858 | 16,500 | 7,934 | 8,566 | 137,495 |
K. Lippert | 21-Mar-11 | 20,000 | 20,000 | - | - | - | - | - |
A. Mervis | 21-Mar-11 | 41,750 | 14,613 | 27,137 | - | - | - | 179,772 |
J.S. Wilson** | 31-Mar-11 | 9,000 | 3,150 | 5,850 | - | - | - | 6,850 |
* Director
** PDMR-designate
Price per share for shares sold on 16 May 2011: £22.495
Date of transaction: 16 May 2011
Price per share for shares sold on 19 May 2011: £22.66
Date of transaction: 19 May 2011
Place of transactions: London, England
The shares sold on behalf of the directors and PDMRs either in their entirety or to meet PAYE and NIC liability (where applicable) were purchased by the EBT. Following these transactions, the EBT holds a total of 6,591,270 ordinary shares in SABMiller plc in which certain senior employees including the following directors and PDMRs have an interest as potential beneficiaries: Mr E.A.G. Mackay, Mr. M.I. Wyman, Mr. N. J. Adami, Mr. M. Bowman, Dr. A. J. Clark, Ms. S. M. Clark, Mr J. Davidson, Mr N.T. Fell, Mr. C.A. van Kralingen, Mr K. Lippert, Mr A. Mervis, and Mr. J.S. Wilson.
Related Shares:
SAB.L