4th Jul 2008 15:00
SMG plc (the "Company")
4 July 2008
NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING
SMG plc LONG-TERM INCENTIVE PLAN ("LTIP")
The Company announces the release of conditional share awards granted on 6 June 2005 under the Company's LTIP to one of its Executive Directors and three Persons Discharging Managerial Responsibilities ("PDMRs") on 3 July 2008.
The Company achieved average annual ROCE growth of 12.19% over the three year performance period. Therefore, in accordance with the rules of the LTIP, 13.75% of the shares subject to the awards have been released.
Accordingly on 3 July 2008, the Executive Director and PDMRs listed below became the legal and beneficial owners of the following ordinary shares of 2.5p each in the Company at a price of 12.5 pence per share:
Executive Director Number of Ordinary shares % Issued Share Capital
Released
George Watt 31,746 0.0033%
PDMRs
David Archer 4,880 0.0005%
Bobby Hain 5,517 0.0006%
Elizabeth Partyka 4,795 0.0005%
Jane E A Tames
Company Secretary, SMG plc
Tel: 0141 300 3074
Related Shares:
Stvg