27th Mar 2008 16:24
Premier Farnell plc
27 March 2008
Notification of Transactions of Directors
Premier Farnell plc announces that an award of 51,461 of its ordinary shares of 5p each made in favour of Harriet Green, its Chief Executive Officer, under the terms of a Restricted Share Plan vested on 27 March 2008 and 51,461 ordinary shares in the Company have been transferred to Harriet.
The Restricted Share Plan was entered into when Harriet joined the Company in April 2006 as compensation for the loss of gifted shares granted by Harriet's former employer. Accordingly, no exercise price attached to the shares. 21,143 of these shares were sold immediately at 179.75p per share to discharge the tax liability that arose on transfer of the shares. Following these transactions, Harriet holds 205,909 ordinary shares in the Company.
This notification relates to a transaction notified to the Company in accordance with Disclosure Rule 3.1.4R(1)(a) on 27 March 2008 which took place in London.
ENQUIRIES to:Premier Farnell plcSteven Webb 0870 129 8608
Company Secretary and General Counsel
DM / PLC06-06 / 15306
PLC06-06 / 15306
PREMIER FARNELL PLCRelated Shares:
PFL.L