4th Jul 2012 14:29
BUMI plc ("the Company")
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
("PDMR") OR THEIR CONNECTED PERSONS The Company announces that on 4 July 2012, awards over ordinary shares in theCompany under the Bumi Incentive Plan ("2012 Awards") were granted to NalinRathod, Chief Executive, and Scott Merrillees, Chief Financial Officer, as setout below:Name of Director Number of Shares* Total exercise price £ Nalin Rathod 247,641 1 Scott Merrillees 141,509 1
* These awards were made in the form of a "nil cost" option over ordinary shares of £1 each in Bumi plc at an aggregate exercise price of £1 (the nominal exercise price is required to satisfy Indonesian tax legislation) subject to the achievement of Performance Targets measured from 4 July 2012 to 4 July 2015.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.
Ends
XLONRelated Shares:
ARMS.L