28th Feb 2006 09:54
Liberty International PLC ("the Company")NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIALRESPONSIBILITY ("PDMR") AND CONNECTED PERSONSFollowing the exercise of options by certain employees including two ExecutiveDirectors and two PDMRs the Company has been advised of the following:A. EXERCISE OF OPTIONS OF DIRECTORS i) A Liberty International Executive Director, Mr J I Saggers, has increasedhis holding of Liberty International PLC ordinary shares by 14,553 shares to122,068 shares, representing 0.036% of the issued share capital.This increase in holding follows an exercise of options on 22 February 2006over 50,000 ordinary shares in Liberty International at an option price of 545pper share. Immediately following the exercise, Mr Saggers sold 35,447 ordinaryshares at a price of 1076.9118p per share, in order to meet acquisition costsand income tax liabilities.ii) A Liberty International Executive Director, Mrs K E Chaldecott, hasincreased her holding of Liberty International PLC ordinary shares by 14,004shares to 41,379 shares, representing 0.012% of the issued share capital.This increase in holding follows an exercise of options on 22 February 2006over 50,000 ordinary shares in Liberty International at an option price of 565pper share. Immediately following the exercise, Mrs Chaldecott sold 35,996ordinary shares at a price of 1076.9118p per share, in order to meetacquisition costs and income tax liabilities.B. EXERCISE OF OPTIONS BY PDMRS i) Mr Gary Marcuccilli, Director of Capital & Counties Limited, exercisedoptions on 22 February 2006 over 30,000 ordinary shares in LibertyInternational at an option price of 565p per share. The shares were then soldat a price of 1076.9118p per share. Mr Marcuccilli's current holding in LibertyInternational PLC stands at 12,132 shares.ii) Ms Caroline Kirby, Director of Capital Shopping Centres PLC, exercisedoptions on 22 February 2006 over 20,000 ordinary shares in LibertyInternational at an option price of 545p per share and 21,493 ordinary sharesin Liberty International at an option price of 565p per share. Immediatelyfollowing the exercise, Ms Kirby sold 36,493 ordinary shares at a price of1076.9118p per share some of the proceeds of which were to meet acquisitioncosts and income tax liabilities. Ms Kirby's holding in Liberty InternationalPLC now stands at 5,000 shares.C. INTERESTS OF THE ESOP The shares required for option exercises by the Directors and PDMRs mentionedabove and other employees, were provided by transfers of shares from LI SharePlan (Jersey) Limited as trustee for the Liberty International PLC employeeshare ownership plan ("ESOP"). As Executive Directors of Liberty InternationalPLC are potential beneficiaries of the ESOP, these changes are disclosable as achange 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 MR R M CABLE, MRS K E CHALDECOTT, person discharging managerial MR D A FISCHEL, MR J I SAGGERS responsibilities/director named in 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 (s) and, if more than one, the transaction number of shares held by each of them TRANSFER ON EXERCISE OF OPTIONS TO EMPLOYEES LI SHARE PLAN (JERSEY) LIMITED 9. Number of shares, debentures or 10. Percentage of issued class financial instruments relating acquired (treasury shares of that to shares Transferred class should not be taken into account when calculating a) 1,250 percentage) b) 3,185 a) 0.0004% c) 18,282 b) 0.0009% d) 112,656 c) 0.005% e) 313,521 d) 0.033% e) 0.093% 11. Price per share or value of 12. Date and place of transaction transaction 22 FEBRUARY 2006 a) 331p b) 331.5p c) 512p d) 545p e) 565p 13. Total holding following 14. Date issuer informed of notification and total transaction percentage holding following notification (any treasury 27 FEBRUARY 2006 shares should not be taken into account when calculating percentage) 1,946,041 (0.576%) 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 28 FEBRUARY 2006 ENDLiberty International plcRelated Shares:
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