5th Sep 2007 11:04
Liberty International PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") AND CONNECTED PERSONS
Following the exercise of options by an Executive Director, the Company has been advised of the following:
A. EXERCISE OF OPTIONS OF DIRECTORS
i) Liberty International's Chief Executive, Mr D A Fischel, has increased his holding of Liberty International PLC ordinary shares by 20,000 shares to 362,289 shares, representing 0.1% of the issued share capital.
This increase in holding follows an exercise of options on 4 September 2007 over 21,000 ordinary shares in Liberty International at an option price of 475p per share, 75,000 ordinary shares in Liberty International at an option price of 545p per share and 50,000 ordinary shares in Liberty International at an option price of 565p per share. Immediately following the exercise, Mr Fischel sold 126,000 ordinary shares at a price of 1172p per share. Some of the proceeds of the sale were used to meet acquisition costs and income tax liabilities.
B. INTERESTS OF THE ESOP
The shares required for the option exercise mentioned above were provided by transfers of shares from LI Share Plan (Jersey) Limited as trustee for the Liberty International PLC employee share ownership plan ("ESOP"). As Executive Directors of Liberty International PLC are potential beneficiaries of the ESOP, these changes are disclosable as a change in their interests.
1. 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 EMPLOYEE ON EXERCISE OF them OPTIONS 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) i) 21,000 i) 0.006% ii) 75,000 ii) 0.021% iii) 50,000 iii) 0.014%
11. Price per share or value of 12. Date and place of transaction
transaction i) 4 SEPTEMBER 2007 i) 475p ii) 4 SEPTEMBER 2007 ii) 545p iii) 4 SEPTEMBER 2007 iii) 565p
13. Total holding following 14. Date issuer informed of transaction
notification and total percentage holding following 4 SEPTEMBER 2007 notification (any treasury shares should not be taken into account when calculating percentage) 707,254 (0.195%)
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 5 SEPTEMBER 2007
LIBERTY INTERNATIONAL PLCRelated Shares:
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