29th Jul 2014 10:47
Ashtead Group plc (the "Company") announces that the awards made to its executive directors in July 2011 under Company's Performance Share Plan vested on 28 July 2014.
As a result of vesting each director received the following number of shares:
Geoff Drabble 406,176
Sat Dhaiwal 130,641
Brendan Horgan 163,049
Suzanne Wood 126,816
The directors sold these shares on 28 July 2014 at 934 p per share. The directors' total shareholdings are:
Number of shares | Percentage of issued share capital | Shares held as a % of base salary | |
Geoff Drabble | 1,303,297 | 0.26 | 1,900% |
Sat Dhaiwal | 398,375 | 0.08 | 1,550% |
Brendan Horgan | 493,874 | 0.10 | 1426% |
Suzanne Wood | 208,805 | 0.04 | 614% |
In calculating shareholding as a percentage of salary, the share price and sterling/dollar exchange rate as at close of business on 28 July and the directors' salaries as at 1 May 2014 have been used.
Enquiries:
Ashtead Group PLC,
Eric Watkins 020 7726 9700
Maitland,
Brian Hudspith 020 7379 5151
Related Shares:
Ashtead Group