5th Jun 2007 16:15
Cable & Wireless PLC05 June 2007 Director/PDMR Shareholding in Cable and Wireless plc ("the Company") The Company was advised today that on 4th June 2007 the Trustees of the Cableand Wireless plc Employee Share Ownership Trust ("the Trust") releasedRestricted Shares in the Company to the under mentioned PDMRs at a price pershare of £1.985 in accordance with the rules of the Company's Restricted SharePlan. In addition, on the same date the Trust, on behalf of the under mentioned PDMRs,sold shares from the gross Restricted Shares released at a price per share of£1.991143 to meet UK income tax liabilities: - PDMR Shares sold for Net Shares released UK tax liabilities Bernard Buckley 36,441 52,447 Nick Cooper 50,613 72,843 Clare Waters 50,613 72,843 In addition, the Company was notified that the Trust also disposed of furthershares as follows: • 240 shares at a price of £1.971 per share on 31 May 2007; • 88 shares at a price of £1.984 per share on 1 June 2007; • 508,660 shares at a price of £1.985 per share on 4 June 2007; and • 353,432 shares at a price of £1.991143 on 4 June 2007. As a consequence of the above awards 35,157,646 Ordinary Shares are currentlyheld under the Trust. George Battersby, Harris Jones, John Pluthero and TonyRice (all being directors of Cable and Wireless plc), in their capacity asmembers of the class of beneficiaries under the Trust, and Lloyds TSB OffshoreTrust Company Limited, in their capacity as Trustees of the Trust, are deemed tohave a non-beneficial interest in these Ordinary Shares. No Directors are disposing of any beneficial interests in the Company. 5 June 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CWC.L