16th Apr 2013 16:00
For immediate release
BERENDSEN PLC
(the "Company")
Notification of interests of Directors and Persons Discharging Managerial Responsibility ("PDMR")
The Company announces the following changes to the interests of Directors and PDMRs in the Company's ordinary shares of 30p each ("Shares").
The Berendsen Co-Investment Plan 2009
Following the vesting of awards under the terms of the Berendsen Co-Investment Plan 2009 ("CIP") ("Matching Awards") on 15 April 2013 (which vested at a level of 71.9%), the number of Shares that have subsequently been transferred to certain Directors/PDMRs is set out below. On the same date and in order to discharge the relevant tax obligations that arose on vesting, P J Ventress, K Quinn, S R Finch, D A Lawler and C Ellegaard decided to sell a number of Shares at a sale price of 7.393 pence per Share.
Executive Directors
Name | Role | Vested Shares Transferred (number) | Number of Shares sold to discharge tax obligations
|
P J Ventress | Chief Executive Officer | 102,988 | 48,405 |
K Quinn | Chief Financial Officer | 70,276 | 33,030 |
PDMRs
Name | Role | Vested Shares Transferred (number) | Number of Shares sold to discharge tax obligations
|
S R Finch | MD UK & Ireland Flat Linen | 65,666 | 30,864 |
D A Lawler | Company Secretary | 51,067 | 24,002 |
C Ellegaard | MD Facility | 94,779 | 94,779 * |
P L Havéus | MD Workwear | 94,779 | N/A |
*C Ellegaard sold his entire share entitlement in order to discharge the relevant tax obligations arising from the recent PSP 2010, DBSP 2010 and CIP 2010 vesting.
The notification of these Matching Awards is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4(1).
David Lawler
Company Secretary
Related Shares:
Berendsen