7th May 2010 15:36
GKN plc NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND CONNECTED PERSONS
In accordance with DTR 3.1.4R(1), GKN plc (the "Company") announces that on 7 May 2010 the Executive Directors and other PDMRs received options over GKN plc 10p ordinary shares as set out below under the GKN Executive Share Option Scheme 2004 ("ESOS").
Director/PDMR Number of options Exercise price Total number of (fixed at time of options held under grant) ESOS Sir Kevin Smith 666,489 134.6p 2,758,675 Marcus Bryson 334,323 134.6p 936,085 Andrew Reynolds Smith 356,612 134.6p 1,095,396 William Seeger 356,612 134.6p 974,344 Nigel Stein 434,621 134.6p 1,677,194 Judith Felton 52,035 134.6p 147,553 Douglas McIldowie 65,527 134.6p 237,220 Walter Rohregger 89,153 134.6p 405,916
The options can be exercised between 7 May 2013 and 6 May 2020 to the extent that certain performance criteria are satisfied by the Company over a three year performance period, which commenced on 1 January 2010, and subject to the satisfaction by the Executive Director/PDMR of a personal shareholding requirement. No consideration was paid for the grant of the options.
7 May 2010
vendorRelated Shares:
GKN PLC