1st Jul 2008 11:04
Brammer plc ("the Company")
Directors/PDMR Shareholdings
Notifications of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons pursuant to DTR 3.1.4R
Brammer plc was notified on 30 June 2008 by the Trustees of the Brammer plc Employee Share Ownership Trust that on 27 June 2008 the following awards over its ordinary shares of 20p each under the Company's Share Matching Plan vested following the achievement of the appropriate performance targets in relation to the following:
|
DIRECTORS |
NUMBER OF ORDINARY SHARES |
SHARES SOLD |
|
IAN FRASER |
60,208 |
24,686 |
|
PAUL THWAITE |
39,748 |
16,297 |
|
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES |
NUMBER OF ORDINARY SHARES |
SHARES SOLD |
|
JOHN MILLER |
29,729 |
12,189 |
|
IAN RITCHIE |
20,269 |
8,311 |
|
NEIL ROGERS |
15,383 |
6,000 |
|
PHILIPPE HERVIEUX |
8,941 |
4,500 |
|
NIGEL TREND |
6,757 |
2,771 |
|
ERIC DIJKSTRA |
1,660 |
864 |
Shares were sold by the participants referred to above at £2.69875 per share on 27 June 2008 to meet the tax liability due as a consequence of the vesting of their Awards.
The Share Matching Plan was approved by shareholders at the annual general meeting in May 2005. The Awards were granted in June 2005. The participants are not required to make any payment for the vesting shares which vest on the achievement of specified performance targets. The performance targets were measured over a three year period which commenced on 1 January 2005.
Name of authorised Company official responsible for making this notification:
Graham Jones
Deputy Company Secretary
0161 902 5573
1 July 2008
Related Shares:
BRAM.L