5th Mar 2013 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 4 March 2013 (which vested at a level of 62.5%), the number of Shares that have subsequently been transferred to certain Directors/PDMRs is set out below. On the same date and in order to discharge the relevant tax obligations that arose on vesting, P J Ventress, K Quinn, S R Finch and D A Lawler decided to sell a number of Shares at an average price of 702.19 pence per Share.
Executive Directors
Name |
Role | Vested Shares Transferred (number) | Number of Shares sold to discharge tax obligations |
P J Ventress | Chief Executive Officer | 87,270 | 45,381 |
K Quinn | Chief Financial Officer | 52,360 | 27,227 |
PDMR's
Name |
Role | Vested Shares Transferred (number) | Number of Shares sold to discharge tax obligations | |
S R Finch | Managing Director, UK Flat Linen | 49,568 | 25,775 | |
D A Lawler | Company Secretary
| 38,048 | 19,785 | |
C Ellegaard | Managing Director, Facility | 70,617 | N/A | |
P L Havéus | Managing Director, Workwear | 70,617 | N/A | |
Berendsen Deferred Bonus Share Plan 2006
On 4 March 2013, awards granted under the terms of the Berendsen Deferred Bonus Share Plan 2006 ("DBSP") on 4 March 2010, vested in full ("Awards"). Details of the Awards that vested are set out in the table below. On the same date and in order to discharge the relevant tax obligations that arose on vesting, K Quinn, S R Finch and D A Lawler decided to sell a number of Shares at an average price of 702.19 pence per Share.
Executive Directors
Name |
Role | Vested DBSP Award (number) | Number of Shares sold to discharge tax obligations |
K Quinn | Chief Financial Officer | 13,068 | 6,796 |
PDMR's
Name |
Role | Vested DBSP Award (number) | Number of Shares sold to discharge tax obligations |
S R Finch | Managing Director, UK Flat Linen | 15,916 | 8,277 |
D A Lawler | Company Secretary
| 11,204 | 5,827 |
C Ellegaard | Managing Director, Facility | 20,769 | N/A |
P L Havéus | Managing Director, Workwear | 20,769 | N/A |
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