8th Mar 2007 16:22
Liberty International PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") AND CONNECTED PERSONS
A total of 28,553 shares were transferred to employees, including certain Executive Directors and PDMRs, from an Employee Trust ("ESOP") on 6 March 2007. The shares were originally awarded under the company's annual bonus scheme arrangements. Vesting of these shares triggers an income tax and national insurance liability which is generally met by selling a proportion of the shares vested. The resulting changes to Executive Directors' and PDMRs' interests in Liberty International PLC shares are set out under (A) below. As all Executive Directors of Liberty International PLC are potential beneficiaries of the ESOP the transfer from the ESOP is disclosable as a change in their interests. Formal notice of the change in the interests of the ESOP is set out under (B) below.
(A) Vesting of awards of Executive Directors and PDMRs under annual bonusschemei) DIRECTORSName Shares Shares Shares Retained & Total Holding & % of issued class Vested Sold % of issued class David Fischel 8,474 3,475 4,999 0.0014% 342,289 0.094% Aidan Smith 4,507 0 4,507 0.0012% 170,477 0.047% Kay Chaldecott 4,379 4,379 0 0% 44,237 0.012% Richard Cable 4,264 1,749 2,515 0.0007% 20,932 0.006%ii) PDMRsName Shares Shares Shares Retained & Total Holding & % of issued class Vested Sold % of issued class Bill Black 2,039 836 1,203 0.0003% 107,854 0.03% Martin Ellis 3,033 1,244 1,789 0.0005% 1,839 0.001% Susan Folger 1,838 1,838 0 0% 791 0.0002% Caroline Kirby 2,393 982 1,411 0.0004% 7,370 0.002% Gary Marcuccilli 2,039 2,039 0 0% 14,601 0.004%(B) Interests of ESOP1. Name of the issuer 2. State whether the notification relates to (i) a transaction LIBERTY INTERNATIONAL PLC notified in accordance with DR 3.1.4R(l)(a);or (ii) DR 3.1.4(R)(l)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) THIS DISCLOSURE IS MADE IN ACCORDANCE WITH (ii) 3. Name of director: 4. State whether notification relates to a person connected with a person MR R M CABLE, MRS K E CHALDECOTT, discharging managerial MR D A FISCHEL, MR I D responsibilities/director named in HAWKSWORTH AND MR A C SMITH 3 and identify the connected person N/A 5. Indicate whether the 6. Description of shares (including notification is in respect of a class), debentures or derivatives holding of the person referred or financial instruments relating to in 3 or 4 above or in respect to shares of a non-beneficial interest1 ORDINARY SHARES OF 50 PENCE NON-BENEFICIAL INTEREST OF THE DIRECTORS. THE DIRECTORS ARE POTENTIAL BENEFICIARIES UNDER THE EMPLOYEE SHARE PLAN
7. Name of registered shareholders 8. State the nature of the transaction
(s) and, if more than one, the number of shares held by each of TRANSFER TO EMPLOYEES ON VESTING OF them BONUS SHARE AWARDS PARAMOUNT NOMINEES LIMITED
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating (treasury shares of that class to shares Transferred should not be taken into account when calculating percentage) 28,553 0.008%
11. Price per share or value of 12. Date and place of transaction
transaction 6 MARCH 2007 NIL
13. Total holding following 14. Date issuer informed of transaction
notification and total percentage holding following 7 MARCH 2007 notification (any treasury shares should not be taken into account when calculating percentage) 926,615 (0.255%)
15. Any additional information 16. Name of contact and telephone
number for queries RUTH PAVEY 020 7960 1236 Name and signature of duly authorised officer of issuer responsible for making notification RUTH PAVEY Date of notification 8 MARCH 2007
LIBERTY INTERNATIONAL PLCRelated Shares:
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