1st Jun 2012 15:55
SABMiller plc (the "Company")
Executive Share Award Plan 2008
Notification of transactions of directors, persons discharging managerial responsibility or connected persons in accordance with DTR 3.1
The following Persons Discharging Managerial Responsibility ("PDMR") have been provisionally allocated nil cost awards under the Company's Executive Share Award Plan 2008 on 1 June 2012 in respect of the number of US$0.10 ordinary shares in the Company as set out below. The release of shares is subject to satisfaction of the applicable performance condition.
Director/PDMR | Performance Share Award (EPS-based performance condition Note 1) | Value Share Award (TSR-based performance condition Note 2) |
E A G Mackay* | 125,000 | 220 |
J S Wilson* | 75,000 | 130 |
N J Adami | 65,000 | 115 |
M Bowman | 50,000 | 100 |
A J Clark | 100,000 | 175 |
S M Clark | 40,000 | 70 |
J Davidson | 27,500 | 50 |
D J De Lorenzo | 25,000 | 50 |
N T Fell | 32,500 | 60 |
C A van Kralingen | 42,500 | 75 |
K G Lippert | 50,000 | 100 |
A Mervis | 50,000 | 100 |
* Director
(Note 1) The awards of a fixed number of EPS-based performance shares are subject to testing against the Company's three-year adjusted earnings per share growth.
(Note 2) The above specified number of TSR-based performance shares have been awarded for each £10 million of additional shareholder value created, defined as the amount by which the growth in the Company's market capitalisation plus net equity cash flows exceeds the median growth of a weighted peer group index, over a five year performance period.
Name of contact and telephone number for queries
Bill Warner: 01483 264268
Name of duly authorised officer of issuer responsible for making notification
John Davidson, General Counsel & Group Company Secretary
1 June 2012
Related Shares:
SAB.L