1st Jun 2011 16:49
Johnston Press plc (the "Company")
DIRECTORS'/PDMR SHAREHOLDINGS
The Company announces that on 31 May 2011 the following director was granted an award over ordinary shares of 10p each in the Company under the terms of the Johnston Press Performance Share Plan 2006 (the "PSP"). No consideration was paid for the grant of the PSP awards.
Name | Total number of shares awarded | Beneficial Interest* | Total Interest Including Non-Beneficial** |
G Murray | 720,000 | 0 | 11,961,437 |
Subject to the achievement of the performance criteria, the PSP awards will normally vest on 31 May 2014 and may, to the extent vested, be exercised during the 12 month period ending 30 May 2015. No consideration is payable on the exercise of the PSP awards.
* Beneficial Interest: This includes shares held in trust under the Johnston Press Share Incentive Plans to satisfy awards under those plans (open to all eligible employees in the United Kingdom).
** Total Interest Including Non-Beneficial: This includes shares held by Johnston Press plc Employee Share Trust (a Jersey Trust) which holds shares in order to satisfy awards under the Company's Performance Share Plan for executives and the Irish Restricted Stock Unit Scheme (open to all eligible employees in the Republic of Ireland).
This notification is made in accordance with DR3.1.4R(1)(a)
For further enquiries please contact the Company Secretary:
Peter McCall T: 0131 225 3361
1 June 2011
Related Shares:
Johnston Press PLC