2nd Jun 2009 15:30
2 June 2009
IMI plc (the "Company")
Notification of transactions of directors/ persons discharging managerial responsibility ("PDMRs")
This information is disclosed under DTR 3.1.4R(1).
Grant of matching share awards under the IMI plc Share Matching Plan (the "Plan")
On 1 June 2009, the following matching share awards under the terms of the Plan were granted to PDMRs of the Company:
|
Name |
Position |
Matching share award (see note below) |
|
Martin Lamb |
Chief Executive |
690,359 |
|
Douglas Hurt |
Finance Director |
174,917 |
|
Roy Twite |
Executive Director |
146,645 |
|
Marshall Goldberg |
Business President - Merchandising |
6,712 |
|
Tim Hubbard |
Business President - Beverage Dispense |
26,131 |
|
Sean Toomes |
Business President - Indoor Climate |
62,367 |
|
Ian Whiting |
Business President - Severe Service |
122,370 |
Note:
Under the Plan, matching awards are granted based on the investment made by each participant. Subject to performance measures, the matching awards disclosed in this announcement will normally vest three years after the date on which the 2009 notice of annual general meeting was issued (i.e. 3 April 2012, subject to earlier vesting in the event of a takeover of the Company or other corporate events or for participants ceasing employment in "good leaver" circumstances).
Enquiries to:
Helen Afford Corporate Counsel Tel: 0121 717 3700
Related Shares:
IMI