16th Feb 2011 17:12
Imperial Tobacco Group PLC (the "Company")
Directors and Persons Discharging Managerial Responsibility ("PDMRs") Interests
Imperial Tobacco Group Share Matching Scheme ("SMS")
Alison Cooper, Robert Dyrbus, Helen Clatworthy, Fernando Dominguez, Matthew Phillips, Walter Prinz and Kathryn Turner (together "the Directors and PDMRs").
Vesting of SMS
Imperial Tobacco Group PLC was today advised that following achievement in full of the performance criterion, being real average annual adjusted earnings per share growth after adjusting for UK inflation (Real Annual EPS Growth) in excess of three (3) per cent, the Trustee of the Company's Employee and Executive Benefit Trust (the "Trust") has transferred, on 15 February 2011, ordinary shares of 10p each in the Company to the following Directors on the vesting of matched shares (the "Additional Shares") under the Company's Share Matching Scheme.
Name | Number of shares acquired | |
Alison Cooper | 11,366 |
|
Robert Dyrbus | 24,030 |
|
Imperial Tobacco Group PLC was today also advised that following achievement in full of the performance criterion, where applicable, the Trustee of the Trust has transferred, on 15 February 2011, ordinary shares of 10p each in the Company to the following PDMRs on the vesting of Additional Shares under the Company's Share Matching Scheme.
Name | Number of shares acquired | |
Helen Clatworthy | 4,983 |
|
Fernando Dominguez | 3,421 |
|
Matthew Phillips | 4,813 |
|
Walter Prinz | 5,438 |
|
Kathryn Turner | 9,045 |
|
Imperial Tobacco Group PLC was further advised that the following Directors and PDMRs sold ordinary shares of 10p each in the Company. The respective sales are detailed below: -
Name | Date sold | Price per share (pounds sterling) | Number sold | |
Alison Cooper | 15 February 2011 | £19.79 | 5,826 | |
Robert Dyrbus | 15 February 2011 | £19.79 | 24,030 | |
Helen Clatworthy | 15 February 2011 | £19.79 | 2,555 | |
Fernando Dominguez | 15 February 2011 | £19.79 | 1,342 | |
Matthew Phillips | 15 February 2011 | £19.79 | 2,468 | |
Walter Prinz | 15 February 2011 | £19.79 | 2,423 | |
Kathryn Turner | 15 February 2011 | £19.79 | 9,045 | |
Purchase of Shares
The Trustees further advised the Company that the following PDMR purchased shares, to be used in conjunction with his existing holding, in order to participate in the Company's Share Matching Scheme.
Name | Date of purchase
| Number of shares purchased
| Price per share (pounds sterling) |
Fernando Dominguez | 15 February 2011 | 5,603 | £19.79 |
Grant of SMS
Imperial Tobacco Group PLC was today further advised by the Trustee of the Trust that the following Directors and PDMRs lodged shares to participate in the Company's Share Matching Scheme.
The shares (the "Lodged Shares") will be matched with Additional Shares over a three-year period up to a maximum ratio of one to one. No Additional Shares will vest unless Real Annual EPS Growth is equal to three (3) per cent at which point one Additional Share will vest for every two Lodged Shares. For maximum vesting to occur, the Group's Real Annual EPS Growth must equal, or exceed, six (6) per cent at which point one Additional Share will vest for every one Lodged Share. Between these two points awards will vest on a straight-line basis.
There will be no opportunity to retest if this performance criterion is not met.
Director
| Date of transfer
| Number of Lodged Shares | Number of Additional Shares conditionally allocated | |
Alison Cooper | 15 February 2011 | 31,606 | 31,606 |
|
Robert Dyrbus | 15 February 2011 | 32,424 | 32,424 |
|
PDMR
| |||||
Helen Clatworthy | 15 February 2011 | 7,468 | 7,468 |
| |
Fernando Dominguez | 15 February 2011 | 11,674 | 11,674 |
| |
Matthew Phillips | 15 February 2011 | 10,929 | 10,929 |
| |
Walter Prinz | 15 February 2011 | 8,350 | 8,350 |
| |
Kathryn Turner | 15 February 2011 | 12,387 | 12,387 |
| |
Sale of Shares
Imperial Tobacco Group PLC was further advised that RBC cees have sold the following shares on behalf of Mr R Dyrbus.
Name | Date of Sale | Number Sold | Price per share (pounds sterling) |
Robert Dyrbus | 15 February 2011 | 1,000 | £19.56 |
Following all of the above transactions, the shareholdings of the Directors are as follows:-
Name | Shareholding | Conditional Rights |
Alison Cooper | 130,187 | 209,923 |
Robert Dyrbus | 399,463 | 259,324 |
T M Williams
Deputy Company Secretary
Copies of our announcements are available on our website: www.imperial-tobacco.com
Related Shares:
Imperial Brands