6th Apr 2010 12:55
6 April 2010
Amlin plc (the "Company" or "Amlin")
Interests of Directors and PDMRs
On 1 April 2010 Amlin executive Directors and other Persons Discharging Managerial Responsibilities ("PDMRs") were awarded shares under the Company's Share Incentive Plan 2006 ("SIP"), an all-employee share plan under which all eligible full time Directors and other employees were made an award of free shares to the value of £3,000. Except for the award made to Mr Coene, details of which are given below, voting rights may be directed by the beneficiary whilst the shares are held in the SIP trust, usually for a minimum period of three years. The numbers of Amlin ordinary shares ("Shares") awarded to each Director and PDMR, which were sourced by market purchase by the SIP trustee and through the use of unallocated shares within the trust, are as follows:
Share Incentive Plan awards
| Directors | SIP award Shares | Resultant Total Shares | |||
| B D Carpenter | 772 | 380,221 | |||
| R A Hextall | 772 | 161,441 | |||
| C E L Philipps | 772 | 588,805 | |||
| The above Resultant Total Shares include all beneficial holdings of the Director (including SIP Shares) and, if applicable, of his spouse. | |||||
| Other PDMRs (except for Mr Coene) | |||||
| Each of the following PDMRs were also awarded 772 SIP Shares on the same basis: | |||||
| S C W Beale | |||||
| R G Dampier | |||||
| M Farrow | |||||
| D J Harris | |||||
| J le T Illingworth | |||||
| S MacKellar | |||||
| S R McMurray | |||||
| E Murphy | |||||
| R M Wyatt | |||||
P Coene
In the case of Mr Coene 772 Shares were awarded under the Share Incentive Plan rules applicable to employees of Amlin Corporate Insurance NV in Belgium. As such a non-transferable, unfunded and conditional right to the Shares has been granted but such right does not entitle its holder to voting rights during the 3 year acquisition period. Shares are not held in trust but are sourced from new or treasury shares.
| Enquiries: | |||||
| Charles Pender | 020 7746 1000 | ||||
| Group Company Secretary | |||||
| Amlin plc | |||||
| 6 April 2010 | |||||
Copyright Business Wire 2010
Related Shares:
Aston Martin Lagonda