17th Dec 2009 10:33
Imperial Tobacco Group PLC (the "Company")
Directors and Persons Discharging Managerial Responsibility ("PDMRs") Interests
Imperial Tobacco Group Long Term Incentive Plan ("LTIP")
Gareth Davis, Robert Dyrbus, Graham Blashill, Alison Cooper, Gary Aldridge, Matthew Phillips and Kathryn Turner (together, "the Directors and PDMRs").
Imperial Tobacco Group PLC was advised yesterday that the Trustees of the Company's Employee and Executive Benefit Trust ("the Trust") transferred ordinary shares of 10p each in the Company to seven participant Directors and PDMRs in the Company's LTIP following the exercise of options granted on 10 November 2009.
These shares were previously contingent rights for each Director and PDMR.
|
Name |
Number of options exercised and shares acquired |
|
|
Directors
|
|
|
|
Gareth Davis |
97,461 |
|
|
Robert Dyrbus |
46,396 |
|
|
Graham Blashill |
22,760 |
|
|
Alison Cooper |
14,881 |
|
|
|
||
|
PDMRs
|
|
|
|
Gary Aldridge |
2,479 |
|
|
Matthew Phillips |
8,096 |
|
|
Kathryn Turner |
12,473 |
|
Imperial Tobacco Group PLC was also advised yesterday that the following Directors and PDMRs sold ordinary shares of 10p each in the Company, as detailed below. Following the sales, all of the Directors continue to hold significantly in excess of their shareholding requirements.
The respective sales are detailed below: -
|
Name |
Date sold |
Price per share (pence sterling) |
Number Sold |
|
Gareth Davis |
16 December 2009 |
1903.64 |
97,461 |
|
Robert Dyrbus |
16 December 2009 |
1903.64 |
46,396 |
|
Graham Blashill |
16 December 2009 |
1903.64 |
22,760 |
|
Alison Cooper |
16 December 2009 |
1903.64 |
14,881 |
|
Gary Aldridge |
16 December 2009 |
1903.64 |
2,479 |
|
Matthew Phillips |
16 December 2009 |
1903.64 |
3,337 |
|
Kathryn Turner |
16 December 2009 |
1903.64 |
12,473 |
Imperial Tobacco Group PLC was further advised yesterday that the Trustees of the Company's Employee and Executive Benefit Trust ("the Trust") have purchased the following shares on behalf of the Directors under the Annual Bonus Plan.
Under the current terms of the Annual Bonus Plan, for the Chief Executive and Finance Director any bonus earned up to 100 per cent of base salary and 75 per cent for other Executive Directors is paid in cash. Any bonus payable in excess of these levels is paid, net of tax, in shares which the director is required to retain for a minimum of three years. In respect of the performance to 30 September 2009, for the Chief Executive and Finance Director this represents approximately 6.5 per cent of salary and for the other Executive Directors approximately 9.7 per cent of salary. These shares are not eligible for investment in the Company's Share Matching Scheme.
|
Name |
Date Acquired |
Price per share (pence sterling) |
Number Acquired |
|
Gareth Davis |
16 December 2009 |
1903.64 |
2,067 |
|
Robert Dyrbus |
16 December 2009 |
1903.64 |
1,247 |
|
Graham Blashill |
16 December 2009 |
1903.64 |
1,359 |
|
Alison Cooper |
16 December 2009 |
1903.64 |
1,497 |
Following all of the above, the Directors' current shareholdings have increased to:-
|
Name |
Shares Held |
|
Gareth Davis |
616,607 |
|
Robert Dyrbus |
398,113 |
|
Graham Blashill |
154,498 |
|
Alison Cooper |
109,161 |
Trevor Williams
Deputy Company Secretary
Copies of our announcements are available on our website www.imperial-tobacco.com.
Related Shares:
Imperial Brands