2nd Aug 2012 11:24
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
1. Name of the issuer
GKN PLC
2. State whether the notification relates to:
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with LR 9.8.6R(1); or
(iii) a disclosure made in accordance with section 793 of the Companies Act (2006)
NOTIFICATION RELATES TO (i) ABOVE
3. Name of the person discharging managerial responsibilities/director
NIGEL STEIN - DIRECTOR & PDMR
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify
the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
NOTIFICATION RELATES TO PERSON NAMED IN 3. ABOVE
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
ORDINARY SHARES OF 10P EACH
7. Name of registered shareholder(s) and, if more than one, the number of
shares held by each of them
NIGEL STEIN (510,398 SHARES)275,598 SHARES - OWN NAME
184,800 SHARES - PERSHING SEURITIES LTD
50,000 SHARES - PERSHING SECURITIES LTD (ON BEHALF OF JANE STEIN, WIFE)
8. State the nature of the transaction
EXERCISE OF 2003 EXECUTIVE SHARE OPTION OVER 359,834 SHARES
9. Number of shares, debentures or financial instruments relating to shares
acquired
359,834
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
0.0221%
11. Number of shares, debentures or financial instruments relating to shares
disposed
NIL
12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
110.04 PENCE PER SHARE (OPTION PRICE)
14. Date and place of transaction
1 AUGUST 2012, LONDON
15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)
870,232 SHARES (0.0535%) (INCLUDING BENEFICIAL OWNERSHIP OF SHARES HELD BY JANE STEIN, WIFE)
16. Date issuer informed of transaction
1 AUGUST 2012
If a person discharging managerial responsibilities has been granted options by the issuer complete the following:
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following
notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
Cathy De Feo (01527 533327)
Name and signature of duly authorised officer of issuer responsible for making notification
JUDITH FELTONDate of notification2 AUGUST 2012Notes:
This form is intended for use by an issuer to make a RIS notification required by DR3.1.4R(1).
1. An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and
24.
2. An issuer making a notification in respect of a derivative relating to the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and
24.
3. An issuer making a notification in respect of options granted to a director
/person discharging managerial responsibilities should complete boxes 1 to
3 and 17 to 24.
4. An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
PINXRelated Shares:
GKN PLC