28th Nov 2014 15:40
Interserve Plc
Notification of Transactions of Directors/
Persons Discharging Managerial Responsibility and Connected Persons
Pursuant to Disclosure and Transparency Rule 3.1.4, Interserve Plc (the "Company") announces that Mr George Franks (Person Discharging Managerial Responsibility), exercised options over 390 shares under the Interserve Sharesave Scheme 2009 on 27 November 2014.
The shares were transferred by Capita Fiduciary (in its capacity as Trustee of the Interserve Employee Benefit Trust) into Mr Frank's name on 28 November 2014.
These options were originally granted on 15 April 2011 at an exercise price of 231p per share. The Sharesave Scheme is an all-employee HMRC-approved share scheme and the exercise of options on maturity is not dependent upon performance criteria.
Mr Franks now has an interest in 9,642 ordinary shares of 10p each in the Company (0.007% of the issued share capital).
28 November 2014
Trevor Bradbury
Group Secretary
Tel: 0118 932 0123
Related Shares:
Interserve