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Director/PDMR Shareholding

12th May 2014 17:40

RNS Number : 9046G
Meggitt PLC
12 May 2014
 

Meggitt PLC ("the Company")

Director/PDMR Shareholdings

David Johnson

Chief Operating Officer, PDMR

On 9 May 2014, David Johnson exercised nil cost options under the Equity Participation Plan and sold enough shares at £4.7275 to cover his tax liability and costs:

Scheme

Type of award

Grant Date

Number of Shares Exercised

Total Shares sold at £4.7275

Shares retained

EPP

Basic Award

05/08/2009

52,366

24,761

27,605

EPP

Matching Award

12/08/2009

25,029

11,835

13,194

EPP

Basic Award

21/04/2011

37,281

17,628

19,653

EPP

Matching Award

21/04/2011

23,691

11,203

12,488

 

On 9 May 2014, David Johnson exercised stock-settled SARs under Part B of the Executive Share Option Scheme and sold enough of the resulting shares to cover his tax liability and costs:

Date of grant

Award price

Number of SARS

Exercise price*

Shares to satisfy the award

Shares sold at £4.7275

Shares retained

02.03.11

£3.517

66,125

£4.753

17,195

8,131

9,064

\* The price used to determine the number of shares to satisfy the award

As a result of these transactions, the shareholding of David Johnson has increased to 209,747 ordinary shares (0.03% of issued share capital).

Ian Joesbury

President - Meggitt Polymers & Composites, PDMR

On 9 May 2014, Ian Joesbury exercised nil cost options under the Equity Participation Plan and sold some of the resulting shares at £4.7275:

Scheme

Grant Date

Number of Shares Exercised

Total Shares sold at £4.7275

Shares retained

EPP

21/04/2011

31,235

23,271

7,964

EPP

21/04/2011

20,256

15,091

5,165

 

The shareholding of Ian Joesbury has increased to 73,785 ordinary shares (0.01% of issued share capital) as a result of these transactions.

Stewart Watson

President - Meggitt Equipment Group, PDMR

On 9 May 2014, Stewart Watson exercised stock-settled SARs under Part B of the Executive Share Option Scheme and sold some of the resulting shares at £4.7275:

Date of grant

Award price

Number of SARS

Exercise price*

Shares to satisfy the award

Shares sold at £4.7275

Shares retained

02.03.2011

£3.517

25,499

£4.753

6,630

4,940

1,690

\* The price used to determine the number of shares to satisfy the award

The shareholding of Stewart Watson has increased to 5,876 ordinary shares (0.001% of issued share capital) as a result of this transaction.

 

Enquiries:

Meggitt PLC +44(0)1202 597597

 

Marina Thomas, Company Secretary ([email protected])

 

12 May 2014

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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