4th Aug 2010 14:39
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Ultra Electronics Holdings plc
2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2 R,
(ii) a disclosure made in accordance LR 9.8.6R(1) or
(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).
(i)
3. Name of person discharging managerial responsibilities/director
D Caster
A Hamment
R Sharma
K Thomson
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
In respect of 3 above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 5p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Sanne Trust Company Limited
8 State the nature of the transaction
Release of Restrictions on Ordinary shares subject to a risk of Forfeiture, which were acquired on the vesting of awards under the Ultra Electronics Long Term Incentive Plan 2007
9. Number of shares, debentures or financial instruments relating to shares acquired
|
Director/PDMR |
Ordinary Shares |
|
D Caster |
29,259 |
|
A Hamment |
12,874 |
|
R Sharma |
9,453 |
|
K Thomson |
4,861 |
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
|
D Caster |
Less than 0.1% |
|
A Hamment |
Less than 0.1% |
|
R Sharma |
Less than 0.1% |
|
K Thomson |
Less than 0.1% |
11. Number of shares, debentures or financial instruments relating to shares disposed
None
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
None
13. Price per share or value of transaction
£16.50 per share
14. Date and place of transaction
03/08/2010, London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
|
D Caster |
664,910 |
0.97% |
|
A Hamment |
129,485 |
0.189% |
|
R Sharma |
35,585 |
Less than 0.1% |
|
K Thomson |
20,096 |
Less than 0.1% |
16. Date issuer informed of transaction
03/08/2010
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
………………………………
18. Period during which or date on which it can be exercised
………………………………
19. Total amount paid (if any) for grant of the option
………………………………
20. Description of shares or debentures involved (class and number)
………………………………
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
………………………………
22. Total number of shares or debentures over which options held following notification
………………………………
23. Any additional information
The forfeitable shares were acquired on the early vesting of an award on 22 March 2010(granted under the Ultra Electronics Long Term Incentive Plan 2007) on condition that the shares were held by a nominee of the Director/PDMR (and were subject to a risk of forfeiture) until the original release date of the award, 3 August 2010, on substantially the same terms as applied to the award. The risk of forfeiture lapsed and the individuals referred to in point 3 became unconditionally entitled to their shares on 3 August 2010.
24. Name of contact and telephone number for queries
D Garbett-Edwards - Company Secretary
Telephone: 01242 225039
Date 04/08/2010
Related Shares:
ULE.L