1st Apr 2010 13:03
1 April 2010
SDL PLC
("the Company")
Director/PDMR Shareholding
The Company announces the following dealings by Directors in the Company's ordinary shares of 1p each.
Following approval by the Remuneration Committee of the Company on 29 March 2010, shares were released to the Directors listed below, pursuant to the rules of the SDL 2006 Long Term Incentive Plan:
Mr Lancaster has elected to retain his LTIP award, increasing his beneficial holdings in the Company from 317,572 representing 0.41% of the Company's issued share capital to 385,018, 0.50%.
Mr Gordon has sold 15,974 shares to fund the exercise costs and related income tax liabilities and retained 17,000 increasing his beneficial holdings in the Company from 55,000 representing 0.07% shares to 72,000, 0.09%.
Mrs Lancaster has sold 32,974 shares. Her beneficial holding remains unchanged at 1,220,537, 1.58%.
Name |
Title |
Number of shares released |
Number of shares sold on 1 Apr 10 |
Sale Price £ |
Number of shares retained |
Resultant Holding |
Mark Lancaster |
Chairman/CEO |
67,446 |
0 |
n/a |
67,446 |
385,018 (0.50%) |
Alastair Gordon |
Director |
32,974 |
15,974 |
482p |
17,000 |
72,000 (0.09%) |
Cristina Lancaster |
COO |
32,974 |
32,974 |
482p |
0 |
1,220,537 (1.58%) |
John Hunter
Chief Financial Officer
Related Shares:
SDL.L