7th Nov 2005 16:25
Bloomsbury Publishing PLC07 November 2005 For immediate release 7 November 2005 Bloomsbury Publishing Plc ("Bloomsbury" or "the Company") Notification of Interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") and connected persons Bloomsbury announces the following changes to the interests of Directors andPDMRs in the Company's ordinary shares of 1.25p each ("Shares"). On 4 November 2005 the Company made the following awards of Shares ("Awards")under the Bloomsbury Performance Share Plan 2005 ("PSP"): Executive Directors Name Role PSP Award Beneficial interest in shares (number (number) excluding Awards)Nigel Chief 100,621 2,758,488Newton ExecutiveColin Group Finance 42,616 50,000Adams DirectorLiz Publisher 23,439 29,367Calder The total number of Shares awarded to Executive Directors under the PSP is equalto 0.23 % of the issued share capital of the Company. The Executive Directors have a total beneficial interest (excluding PSP Awards)in 3.91% of the issued share capital of the Company. PDMRs Name PSP Award (number)Jill Coleman 37,023Richard Cordeschi 2,974Minna Fry 31,962Sarah Odedina 31,962Alexandra Pringle 31,962Karen Rinaldi 36,256Kathy Rooney 31,962David Ward 26,635 Awards granted under the PSP will vest on 4 November 2008, but only to theextent that certain performance criteria based on earnings per share growth andtotal shareholder return are satisfied by the Company over a three yearperformance period. No consideration is payable for the grant of the Awards andthe receipt of Shares is conditional upon meeting the performance criteria. Itis intended that the Company's employee benefit trust will acquire shares(either by way of subscription for new shares, market purchase or from treasury)necessary to fulfil any obligation arising from the vesting of the Awards. The notification of these Awards is intended to satisfy the Company'sobligations under Section 324 of the Companies Act 1985 and Disclosure Rule3.1.4. Richard CordeschiGroup Company Secretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Bloomsbury