24th Apr 2006 14:12
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIALRESPONSIBILITY AND CONNECTED PERSONSThis form is intended for use by an issuer to make a RIS notification requiredby DR3.1.4R(1).An issuer making a notification in respect of a transaction relating to theshares or debentures of the issuer should complete boxes 1-16, 23 and 24.An issuer making a notification in respect of a derivative relating to theshares of the issuer should complete boxes 1- 4, 6, 8, 13, 14, 16, 23 and 24.An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and17 to 24.An issuer making a notification in respect of a financial instrument relatingto the shares of the issuer (other than a debenture) should complete boxes 1 to4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.Please complete the following in block capitals 1. Name of the issuer GKN plc 2. State whether the notification relates to: (i) a transaction notified in accordance with DR3.1.4R(1)(a); or(ii) DR3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or(iii) both (i) and (ii)(III) BOTH (I) AND (II) IN RESPECT OF KEVIN SMITH AND NIGEL STEIN(I) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DR3.1.4R(1)(A) IN RESPECT OFMARCUS BRYSON, ARTHUR CONNELLY, MAUREEN CONSTANTINE, GREY DENHAM, SIMON PRYCE,ANDREW REYNOLDS SMITH AND MARTYN VAUGHAN 3. Name of the person discharging managerial responsibilities/director KEVIN SMITH - DIRECTOR & PDMRNIGEL STEIN - DIRECTOR & PDMRMARCUS BRYSON - PDMRARTHUR CONNELLY - PDMRMAUREEN CONSTANTINE - PDMRGREY DENHAM - PDMRSIMON PRYCE - PDMRANDREW REYNOLDS SMITH - PDMRMARTYN VAUGHAN - PDMR 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person SEE 3. ABOVE. 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest NOTIFICATION IN RESPECT OF PERSONS NAMED IN 3. ABOVE 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares CONDITIONAL RIGHT OVER ORDINARY SHARES OF 50P EACH (SEE BELOW) 7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them N/A 8. State the nature of the transaction GRANT OF AWARDS UNDER THE GKN LONG TERM INCENTIVE PLAN 2004 (SEE BELOW) 9. Number of shares, debentures or financial instruments relating to shares acquired N/A10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) N/A11. Number of shares, debentures or financial instruments relating to shares disposed N/A12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A13. Price per share or value of transaction N/A14. Date and place of transaction N/A15. Total holding following notification and total percentage holding following notification (any treasury shares should hot be taken into account when calculating percentage) N/A16. Date issuer informed of transaction N/AIf a person discharging managerial responsibilities has been granted options bythe issuer complete the following:17. Date of grant 11 APRIL 200618. Period during which or date on which it can be exercised 11 APRIL 2010 TO 11 APRIL 2016 IN RESPECT OF KEVIN SMITH AND NIGEL STEIN11 APRIL 2009 TO 11 APRIL 2016 IN RESPECT OF ARTHUR CONNELLY, MAUREENCONSTANTINE, GREY DENHAM, SIMON PRYCE, ANDREW REYNOLDS SMITH AND MARTYN VAUGHAN11 APRIL 2009 IN RESPECT OF MARCUS BRYSON19. Total amount paid (if any) for grant of the option NIL20. Description of shares or debentures involved (class and number) AWARDS GRANTED OVER THE FOLLOWING NUMBER OF ORDINARY SHARES OF 50P EACH:KEVIN SMITH - 247,560NIGEL STEIN - 147,542MARCUS BRYSON - 63,369ARTHUR CONNELLY - 84,493MAUREEN CONSTANTINE - 59,145GREY DENHAM - 59,145SIMON PRYCE - 91,534ANDREW REYNOLDS SMITH - 80,268MARTYN VAUGHAN - 58,76821. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise NIL22. Total number of shares or debentures over which options held following notification KEVIN SMITH - 687,250NIGEL STEIN - 399,882MARCUS BRYSON - 123,689ARTHUR CONNELLY - 137,493MAUREEN CONSTANTINE - 102,575GREY DENHAM - 102,575SIMON PRYCE - 148,944ANDREW REYNOLDS SMITH - 132,158MARTYN VAUGHAN - 76,86623. Any additional information THE AWARDS ARE EXERCISABLE TO THE EXTENT THAT CERTAIN PERFORMANCE CRITERIA ARESATISFIED BY THE COMPANY OVER THE 3 YEAR PERFORMANCE PERIOD, WHICH COMMENCED ON1 JANUARY 2006, AND THE SATISFACTION BY THE EXECUTIVE DIRECTOR/PDMR OF APERSONAL SHAREHOLDING REQUIREMENT.24. Name of contact and telephone number for queries CHRISTOPHER WINTERS01527 533383Name and signature of duly authorised officer of issuer responsible for makingnotificationCHRISTOPHER WINTERSDate of notification24 APRIL 2006ENDGKN PLCRelated Shares:
GKN PLC