23rd Oct 2014 17:00
For immediate release
Berendsen plc
("the Company")
Grant of Sharesave Option to Person Discharging
Managerial Responsibility ("PDMR")
The Company announces the following changes to the interests of a PDMR in the Company's ordinary shares of 30p each ("Shares").
The Company recently invited all eligible employees to participate in the 2014 award of the Berendsen Sharesave Plan 2006 ("BSP").
In connection with this and in accordance with the rules of the BSP, options were granted on 23 October 2014 with an exercise price of 792 pence per Share. These options will normally become exercisable from the BSP bonus maturity dates, for a period of six months, in either December 2017 (for the three-year option) or December 2019 (for the five-year option).
The following PDMRs have been granted options in connection with the 2014 awards:
Name |
Role | Number of Shares under option (number) | Total number of Shares under option or award now held (number) | Shares already held (number) |
Executive Directors
P J Ventress | Chief Executive Officer | 1,912 (5-yr option) | 621,805 | 167,804 |
K Quinn | Chief Financial Officer | 2,272 (3-yr option) | 384,031 | 202,880 |
PDMR's
S R Finch | Managing Director, UK Flat Linen and Ireland | 1,136 (3-yr option) | 315,943 | 116,413 |
D A Lawler | Company Secretary | 3,825 (5-yr option) | 277,022 | 140,832 |
The notification of this option is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
Enquiries:
Berendsen plc
David Lawler, Company Secretary
Telephone: +44 20 7259 6663
Related Shares:
Berendsen