6th Nov 2012 08:15
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
ST IVES PLC
2. State whether the notification relates to:
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with LR 9.8.6R(1); or
(iii) a disclosure made in accordance with section 793 of the Companies Act 2006
(I)
3. Name of person discharging managerial responsibilities/director
MATTHEW ARMITAGE (DIRECTOR)
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
NOTIFICATION IS IN RESPECT THE PERSON NAMED IN 3ABOVEAND JILL ARMITAGE, A PERSON CONNECTED TO THE PERSON NAMED IN 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 IS IN RESPECT OF A BENEFICIAL INTEREST HELD BY THE PERSONSNAMED IN 3 AND 4 ABOVE.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES OF 10PENCEEACH
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED
8. State the nature of the transaction
ACQUISITION OF SHARES AT MARKET VALUE FROM THE GROUP'S NON-USEMPLOYEE BENEFIT TRUST ("THE EBT") PURSUANT TO THE RULES OF THE ST IVES DIRECTORS' AND SENIOR EXECUTIVES' DEFERRED BONUS SCHEME ("THE DBS").
9. Number of shares, debentures or financial instruments relating to shares acquired
80,270
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.067%
11. Number of shares, debentures or financial instruments relating to shares disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
101.445PENCE PER SHARE
14. Date and place of transaction
1NOVEMBER 2012, JERSEY
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
TOTAL NUMBER OF EXPRESSED AS A SHARESHELD PERCENTAGE OF ISSUED FOLLOWING THIS SHARE CAPITAL: NOTIFICATION: JILL ARMITAGE 286,149 0.239%
16. Date issuer informed of transaction
5 NOVEMBER 2012
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 6NOVEMBER 2012IS 119,826,366 ORDINARY SHARES OF 10PENCE EACH.
THE SHARES HAVE BEEN PURCHASED PURSUANT TO THE DBS AT MARKET VALUE FROM THE GROUP'S NON-US EBT. BENEFICIAL OWNERSHIP OF THE SHARES SHALL,INTER ALIA, VEST IMMEDIATELY BUT THE SHARES SHALL BE HELD IN TRUST DURING A HOLDING PERIOD, FOR RELEASE IN NOVEMBER 2014, PROVIDED THAT THE DBS PARTICIPANT REMAINS EMPLOYED BY THE GROUP AT THAT TIME. DURING THEHOLDING PERIOD, THE BENEFICIAL OWNER WILL BE ENTITLED TO VOTE THE SHARES AND RECEIVE DIVIDENDS ON THEM BUT WILL BE UNABLE TO SELL, TRANSFER, ASSIGN OR CHARGE ANY INTEREST IN THE SHARES WITHOUT THE CONSENT OF THE REMUNERATION COMMITTEE OF ST IVES PLC.
233,762SHARES WERE HELD IN THE GROUP'S NON-US EBT IMMEDIATELY PRIOR TO THE ACQUISTION OF SHARES BY THE DBS PARTICIPANT. 80,270SHARES WERE ACQUIRED BY THE DBS PARTICPANTAND ACCORDINGLY THE NUMBER OF SHARES HELD BY THE NON-US EBT NOW STANDS AT153,492.THE DIRECTORS OF ST IVES PLC, WHICH INCLUDES THE PERSON NAMED IN 3 ABOVE, AS POTENTIAL BENEFICIARIES UNDER THE NON-US EBT ARE CONSIDERED TO BE INTERESTED IN ALL THE SHARES HELD BY THE NON-US EBT.
24. Name of contact and telephone number for queries
PHILIP HARRIS 020 7928 8844
Name and signature of duly authorised officer of issuer responsible for making notification
PHILIP HARRIS, COMPANY SECRETARY, ST IVES PLC
Date of notification
6NOVEMBER 2012
XLONRelated Shares:
KCT.L