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Director/PDMR Shareholding

7th Oct 2014 16:54

RNS Number : 7001T
Countrywide PLC
07 October 2014
 

7 October 2014

Countrywide plc

Notification of Transactions of Directors / Persons Discharging Managerial Responsibility

RE: Paragraph 3.1.4 of the Disclosure and Transparency Rules

The notifications listed below were all received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.

Countrywide plc (the "Company") announces that it received notification on 7 October 2014 of the following acquisitions of 336 ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Countrywide Share Incentive Plan (the "Plan"), namely the following Directors / Persons Discharging Managerial Responsibilities (each a "PDMR") were allocated Ordinary Shares on 6 October 2014 under the Plan, by Capita IRG Trustees Limited (the "Trustee"):

Name of Director / PDMR

Number of Partnership Shares

Number of Matching Shares

Total number of Ordinary Shares

Jim Clarke

32

16

48

Nigel Stockton

32

16

48

Paul Creffield

32

16

48

Nick Dunning

32

16

48

Bob Scarff

32

16

48

Graham Bell

32

16

48

Alyn North

32

16

48

 

Partnership Shares are those Ordinary Shares purchased on behalf of the employee using an amount which the employee has chosen to have deducted from his salary, and Matching Shares are those awarded to the employee by the Company for nil consideration in respect of the Partnership Shares purchased.

The Partnership Shares were purchased and the Matching Shares were awarded at a price per share of 467.20 pence.

The Ordinary Shares are held by the Trustee and in the name of the Trustee. Partnership Shares can normally be sold at any time. Matching Shares cannot normally be disposed of for a period of three years after the award date.

As a result of the above transactions, interests of Directors / PDMRs in the Company's Ordinary Shares (excluding outstanding options and/or awards held under the Company's other employee share incentive plans) are as follows:

Name of Director / PDMR

Total number of Ordinary Shares held following the disposals notified above (including shares held by connected persons and shares held by the SIP Trustees for the benefit of the Director/PDMR)

Jim Clarke

1,089,373

Nick Dunning

1,252,327

Paul Creffield

369,719

Bob Scarff

259,777

Nigel Stockton

156,661

Graham Bell

44,516

Alyn North

26,350

 

Enquiries:

Jim Clarke

07979 477299

Gareth Williams (Company Secretary)

 

Countrywide plc17 Duke StreetChelmsfordEssexCM1 1HPUnited Kingdom

WEBSITE: http://www.countrywide.co.uk

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