2nd Feb 2006 10:13
ARM Holdings PLC02 February 2006 ARM Holdings plc announces that on 1 February 2006 certain directors and personsdischarging managerial responsibilities ("PDMR's") sold shares resulting fromthe vesting of conditional awards under the company's Long Term Incentive Plan.A significant proportion of these share sales were to pay for the tax arising onthe vesting of these awards. Name Number of shares vesting Number of shares soldWarren East 443,789 212,000Tim Score 377,221 154,971Tudor Brown 355,032 145,856Mike Inglis 355,032 251,032Mike Muller 355,032 355,032Simon Segars 221,896 91,160Bill Parsons 221,896 91,160Graham Budd 88,757 88,757Philip David 210,799 210,799Patricia Alsop 210,799 86,601 The shares were sold for an average price of £1.3645. Graham Budd made a donation of 30,000 shares to the Aidan Charitable Trust outof his existing holding. Following the above transactions, the total resultant shareholdings of thesedirectors and PDMRs are: Name Total resultant shareholdingWarren East 436,709Tim Score 252,250Tudor Brown 1,755,636Mike Inglis 114,000Mike Muller 1,911,860Simon Segars 172,736Bill Parsons 140,736Graham Budd 370,599Philip David 156,976Patricia Alsop 124,198 In addition on 1 February 2006 options over ordinary shares under the company'sUnapproved Share Option Scheme were granted to directors and PDMRs at a price of132.5p per share. For executive directors, these options are exercisable from 1February 2009 subject to achievement of performance criteria. For PDMRs theyvest at the rate of 25% per annum. Name Number of shares Total options held including this grantWarren East 573,585 2,807,345Tim Score 483,019 2,260,991Tudor Brown 392,453 2,119,900Mike Inglis 339,623 1,961,713Mike Muller 339,623 1,933,506Simon Segars 316,981 1,533,510Brent Dichter 355,932 879,969Bill Parsons 241,509 1,240,769Graham Budd 241,509 769,280Philip David 226,415 939,589Patricia Alsop 226,415 862,317 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ARM.L