18th Apr 2008 17:04
Taylor Wimpey PLC18 April 2008 Director and PDMR Shareholdings Taylor Wimpey plc Taylor Wimpey Performance Share Plan ("TWPSP") and Taylor Wimpey Share OptionPlan ("TWSOP") At the Company's Annual General Meeting held on the 17th April 2008 both theTWPSP and TWSOP were approved. Taylor Wimpey plc ("the Company") announces that the Remuneration Committee hasapproved the conditional award of shares as set out below under the TWPSP to twoexecutive directors and two Persons Discharging Managerial Responsibility(PDMRs). Director/ PSP shares awardedName PDMR Peter Redfern Director 432,981Peter Johnson Director 272,159Sheryl Palmer PDMR 95,216James Jordan PDMR 150,770 The price used to calculate the awards was £1.6167 being the average mid-marketclose price for Taylor Wimpey plc shares for the three days prior to the date ofthe awards on 17 April 2008. The vesting of awards under the TWPSP is subject to the achievement ofperformance criteria measured at the end of a three year performance period fromthe date of award. The TWSOP rules will now be submitted to HMRC for formal approval subject towhich it is anticipated that both approved and unapproved options will begranted to participants and a further announcement will be made in respect ofsuch awards. James Jordan Group Company Secretary and General Counsel 18 April 2008 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Taylor Wimpey