13th Oct 2009 16:45
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
Devro plc ("Devro" or "the Company")
13 October 2009
Devro announces that on the 9 October 2009, Douglas Stewart, a PDMR of the Company, exercised a Share Option over 10,000 ordinary shares of 10p each in the Company ("Shares") under the Devro 1993 (No. 2) Executive Share Option Scheme ("the Scheme").
The exercise price of the share option was 97p. Douglas Stewart elected to take a "cash equivalent" payment rather than the Shares which is permitted under the Scheme rules.
Enquiries:
John Meredith
Company Secretary
01236 879191
Related Shares:
DVO.L