27th Jul 2011 13:53
Fuller, Smith & Turner P.L.C. ("Fullers" or the "Company")
Directors' and PDMR's interests in Ordinary Shares of the Company
Fuller's announces that on Monday 25th July 2011, the Trustees of its Long Term Incentive Plan ("LTIP") made a final release of shares to Directors* and PDMR's in accordance with the LTIP (grant number 8) which includes both listed "A" ordinary shares of 40p each and unquoted "B" ordinary shares of 4p each.
To facilitate the financing of the resultant tax liability arising on matched share awards, the Trustees have also sold in the market on behalf of each Director and PDMR a proportion of the "A" ordinary shares originally awarded at £3.67 a share. The shares were sold on Tuesday 26th July 2011 at £7.00 per share.
As shown in the table below, some of the participants have also requested thatthe trustees sell further shares on their behalf. These shares were also soldat £7.00 per share.DIRECTOR*/PDMR `A' Shares New `A' Additional sold for Shares Shares sold for `B' Shares tax & NI released participants released Andy Bowen 1,107 2,433 1,000 8,852 Mike Clist 1,065 2,341 8,522 Mark Dally 1,599 3,515 12,792 *Simon Emeny 4,550 10,010 36,402 *Richard Fuller 2,135 4,401 4,401 16,346 Marie Gracie 1,896 3,908 14,516 John Keeling 1,532 3,370 12,260 Duncan Munro 1,777 3,909 14,222 *Michael Turner 5,830 12,826 46,646 27 July 2011
Enquiries: Marie Gracie, Company Secretary, 07956 559285
G:\Company_Sec\STOCKEX\2011\LTIP8 Release and Sales July 2011.doc
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Fuller Smith & Turner