16th Dec 2010 10:00
Enterprise Inns plc (the 'Company')
Director/PDMR Shareholding
16th December 2010
The Company announces that it yesterday received notification from EES Corporate Trustees Limited (the 'Trustee') as trustee of the Enterprise Inns 2005 Share Incentive Plan (the 'SIP') of the following transactions in the Company's Ordinary Shares of 2.5 pence (the 'Shares'):
·; that 366,720 Shares were purchased at 117.42 pence per share on 15th December 2010
·; that 12,870 Matching Shares already held as unallocated Shares in the SIP Trust were allocated
·; that 126,530 of these Shares were allocated as Partnership Shares
·; that 253,060 of these Shares were allocated as Matching Shares
Under the 2010 SIP offer to employees, for the financial year beginning 1st October 2010, the Company gave participating employees two Matching Shares for each Partnership Share bought by them up to a maximum value of £1,500.00 per annum per employee (plus any residual cash balance held by the Trustee on behalf of the employee).
A total of 379,590 Shares (Partnership and Matching Shares) were allocated to employees under the rules of the SIP at 117.42 pence per share and are held by the Trustee.
The interests of the executive directors of the Company in the above transactions were as follows:
Name | No of Partnership Shares | No of Matching Shares | Total Holding of Shares following this notification | % of total issued shares |
G E Tuppen | 1,277 | 2,554 | 3,191,179 | 0.63 |
D C George | 1,277 | 2,554 | 2,003,831 | 0.40 |
W S Townsend | 1,277 | 2,554 | 703,831 | 0.14 |
James Poole
Company Secretary
Related Shares:
EI Group