25th Apr 2007 11:11
Signet Group PLC25 April 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIALRESPONSIBILITY ("PDMR") In accordance with Disclosure Rule 3.1.4R(1), Signet Group plc gives notice thaton 24 April 2007 the following Directors and PDMRs have been granted optionsunder the Signet Group plc US Share Option Plan 2003, the Signet Group plcInternational Share Option Plan 2003 and the Signet Group plc 2005 LTIP asfollows: US Share Option Plan Option Price per ordinary 0.9 US cents No. of shares Name Status share under option Date Exercisable T Burman Director $2.49 2,530,119 Normally between 3 and 10 years of grant date M Light Director $2.49 514,055 Normally between 3 and 10 years of grant date W Montalto PDMR $2.49 226,906 Normally between 3 and 10 years of grant date R Trabucco PDMR $2.49 152,609 Normally between 3 and 10 years of grant date S Cashman PDMR $2.49 91,565 Normally between 3 and 10 years of grant date International Share Option Plan 2003 Option Price per ordinary 0.9 US cents No. of shares Name Status share under option Date Exercisable W Boyd Director 124.42p 409,901 Normally between 3 and 10 years of grant date R Anderson Director 124.42p 212,184 Normally between 3 and 10 years of grant date S Butler PDMR 124.42p 90,660 Normally between 3 and 10 years of grant date T Jackson PDMR 124.42p 86,802 Normally between 3 and 10 years of grant date M Jenkins PDMR 124.42p 96,447 Normally between 3 and 10 years of grant date 2005 LTIP Name Status Date Exercisable T Burman Director Normally between 3 and 10 years of grant dateM Light Director Normally between 3 and 10 years of grant dateW Boyd Director Normally between 3 and 10 years of grant dateR Anderson Director Normally between 3 and 10 years of grant dateW Montalto PDMR Normally between 3 and 10 years of grant dateR Trabucco PDMR Normally between 3 and 10 years of grant dateS Cashman PDMR Normally between 3 and 10 years of grant dateS Butler PDMR Normally between 3 and 10 years of grant dateT Jackson PDMR Normally between 3 and 10 years of grant dateM Jenkins PDMR Normally between 3 and 10 years of grant date Vesting of the LTIP award is subject to the satisfaction over a period of threefinancial years of specified performance conditions. In the event of the award vesting, one half of it will be satisfied by the grantto the director of an option, exercisable in normal circumstances for theremainder of the period of 10 years which commenced on the original grant of theaward, to acquire ordinary shares in Signet Group plc for nil cost. The number of shares to be comprised in the option will be calculated bydividing the value of one half of the award by 124.42p, the average of themiddle market quotations of an ordinary share for the 3 days prior to Tuesday 24April 2007. The value of the award that vests will depend upon the extent towhich the performance conditions have been fulfilled and will also be capped byreference to a percentage of the director's basic salary at that time. Thenumber of shares to be comprised in the option will therefore not be establisheduntil the award vests and cannot therefore be notified at this stage. 25 April 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SIG.L