26th Feb 2015 07:20
26 February 2015
Guinness Peat Group plc ('GPG')
Director/PDMR Shareholding
Notification of transactions of directors, persons discharging managerial responsibility or connected persons
This notification is made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.
On 26 February 2015 the following persons discharging managerial responsibilities ('PDMR') listed below acquired an interest over ordinary shares of 0.05p pence each in GPG in the form of nil cost share option awards under the terms of the Coats plc Long Term Incentive Plan.
The awards may vest following the announcement of results for the financial year ending 31 December 2016, subject to the satisfaction of performance conditions measured over a three year performance period commencing on 1 January 2014 relating to growth in attributable profit, total shareholder return and free cash flow. The options are over existing market-purchased shares and no new issue shares will be delivered.
The maximum number of shares which could vest if the performance conditions are met, is shown opposite the name of each PDMR set out below:
Name | Role | Number of Share Options |
Paul Forman | PDMR | 2,313,043 |
Richard Howes | PDMR | 1,521,739 |
Rajiv Sharma | PDMR | 1,719,682 |
Stuart Morgan
Company Secretary
26 February 2015
Enquiry details
UK media Richard Mountain +44 20 3727 1374
New Zealand and Australian media Geoff Senescall +64 9 309 5659
Investors Jaideep Thatai +44 20 8210 5086
Related Shares:
Coats