25th Feb 2014 16:10
25 February 2014
Torotrak plc("Torotrak" or the "Company")
Directors' Shareholdings
The Company announces that on 24 February 2014, Jeremy Deering exercised 175,493 options awarded in September 2009 under the Company's Long Term Performance Share Plan ("LTPSP"). The shares vesting represented the full entitlement of the award (the maximum levels having been disclosed in previous Annual Reports) under the September 2009 LTPSP awards, in accordance with the required performance conditions. Following this transaction, Jeremy Deering is interested in 1,093,034 Shares, representing approximately 0.40% of the Company's issued share capital.
As at the date of this announcement, the Company's registered capital comprises 274,195,926 ordinary shares with voting rights. The Company does not hold any shares in Treasury. This figure of 274,195,926 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
For more information, please visit www.torotrak.com or contact:
Jeremy Deering , Chief Executive | Simon Hudson | Marc Milmo |
Rex Vevers, Finance Director | Lulu Bridges | Karri Vuori Carl Holmes |
Torotrak Plc | Tavistock Communications | Charles Stanley Securities |
Tel: +44 1772 900931 | Tel: +44 20 7920 3150 | Tel: +44 20 7149 6000 |
Related Shares:
Torotrak PLC