20th Jan 2015 13:19
Shaftesbury PLC
Director/PDMR Shareholding
Shaftesbury PLC announces that on 19 January 2015, Christopher Ward completed the exercise of nil cost options awarded under the Company's Long Term Incentive Plan. Of the options granted on 19 January 2012, 50% of the options vested. The TSR performance condition over the three years ended 30 September 2014 was not met, whilst NAV performance resulted in 100% vesting for this element. Christopher Ward sold sufficient shares to meet income tax and national insurance liabilities.
The changes in his shareholding resulting from this transaction is summarised below:
Ordinary Shares vesting | 32,900 |
Ordinary Shares Sold | 15,518 |
Net Increase In Holding | 17,382 |
Revised Holding | 27,606 |
The Ordinary Shares were sold at an average price of £7.95 per share.
Penny Thomas
Company Secretary
20 January 2015
Telephone 020 7333 8118
Related Shares:
SHB.L