26th Oct 2007 16:24
Devro PLC26 October 2007 Devro plc ("the Company") 26 October 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS The Company today announces that, following, the passing of a resolution by the Executive Directors' Remuneration Committee on 24 October 2007, certain awardsoriginally made on 12 October 2004 under the Devro (2003) Performance Share Plan have now lapsed is set out in the following table: Name of Status No. of Devro plc No of Devro plc participant 10p Ordinary Shares 10p Ordinary Shares comprised in lapsed comprised in awards remaining awards Trevor Morgan Director 67,111 132,862 John Neilson Director 71,444 141,439 Mike Cooke PDMR 59,622 118,037Gordon Frame PDMR 53,333 116,678 Graham McGilchrist PDMR 47,359 101,630 Michal Stocek PDMR 2,861 26,991 Will Blair PDMR 11,536 62,506 Douglas Stewart PDMR 9,412 77,887 These awards, which were made at nil cost, are subject to a performancecondition which, for full vesting, requires the Company's EPS to outstrip RPI by30% over a three year period from the date of grant. Vesting will normally not occur before three years have elapsed. Enquiries: John Meredith Company Secretary 01236 879191 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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