14th Mar 2006 12:51
Devro PLC14 March 2006 14 March 2006 DEVRO plc (the "Company") DIRECTORS' AND PDMRs' SHAREHOLDINGS The outstanding awards under the Devro 2001 Deferred Bonus Scheme (the "Scheme")matured yesterday, and this has resulted in the following share dealings in 10pOrdinary Shares in the Company ("Devro Shares") being notified to the Company.All dealings took place yesterday:- DEVRO SHARES ACQUIRED DEVRO SHARES FOLLOWING EXERCISE OF SOLD AT 125p NIL-PRICED OPTIONS UNDER THE SCHEME Graeme Alexander, Director 157,571 157,571Trevor Morgan, Director 87,117 87,117John Neilson, Director 90,906 90,906Mike Cooke, PDMR 85,269 85,269Graham McGilchrist, PDMR 54,563 54,563 The Devro Shares in question were held by the Devro Employee Share OwnershipTrust (the "ESOP"). The Directors and PDMRs have an interest in the ESOP aspotential beneficiaries of the ESOP. The ESOP yesterday disposed of a total of529,801 Devro Shares comprising the above options, and options over a further54,375 Devro Shares exercised by another senior executive of the Company underthe Scheme. Following these disposals, the number of Devro Shares held by theESOP decreased to two. The Interest of the Directors and PDRMs decreasedaccordingly. There are no further awards outstanding under the Scheme. The remaining beneficial interests of the said Directors and PDMRs in DevroShares following these sales are as follows (excluding the interest in the ESOPdisclosed above): NUMBER OF DEVRO SHARESGraeme Alexander, Director 502,992Trevor Morgan, Director 163,051John Neilson, Director 338,933Mike Cooke, PDMR 55,000Graham McGilchrist, PDMR 550,000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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