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Director/PDMR Shareholding

1st Oct 2008 16:37

RNS Number : 8699E
AMEC PLC
01 October 2008
 



AMEC plc

1 October 2008

Announcement of transactions of a director in ordinary shares of 50 pence each pursuant to Disclosure Rule 3.1.4 The Company announces that on 30 September 2008 it was notified of transactions in its ordinary shares ("Shares") of 50 pence each as follows. 

The conditional award ("Award") listed below was granted for no consideration under the Transformation Incentive Plan (the "Plan") on 30 September 2008. Under the Plan, participants are invited to lodge Shares beneficially owned by them ("Investment Shares"), and are granted an Award over additional shares in the Company based on the number of Investment Shares which have been, or are intended to be, lodged.

Name

Number of Investment Shares lodged

Number of shares subject to Award

Vesting date*

Name

Number of Investment Shares lodged

Number of shares subject to Award

Vesting date*

Mr Ian McHoul

51,340

205,360

22 September 2011

* The normal vesting date is the third anniversary of the date on which the Investment Shares are lodged. 

The Investment Shares had been purchased by Mr McHoul prior to his appointment as a director on 8 September 2008 and following this transaction, Mr McHoul now holds 60,388 Shares, in addition to the conditional awards of 120,643 Shares and 205,360 Shares respectively pursuant to the Company's Performance Share Plan 2002 and the Plan referred to above.

This announcement is made following notifications under Disclosure Rule 3.1.2

C L Fidler

Assistant Company Secretary

1 October 2008

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSILFVEIVLLIIT

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