9th Sep 2010 17:19
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Hays plc (the "Company")
In accordance with Disclosure and Transparency Rule 3.1.4R(1)(a), the Company hereby notifies you of the following changes in the interests of directors and persons discharging managerial responsibility ("PDMRs") in the Ordinary share capital of the Company.
* Denotes a director of the Company.
DEFERRED BONUS AWARDS
As required by the Remuneration Committee, the PDMRs listed in the table below have deferred 40% of their respective annual bonuses for the financial year ended 30 June 2010 into shares. On 9 September 2010, these PDMRs were granted a conditional right to receive shares at the end of a three-year restricted period ("Deferred Rights"). The number of shares under each Deferred Right was calculated by reference to the price of 102.8 pence per share, being the closing middle market price on 8 September 2010. No matching award has been made in respect of these Awards.
DEFERREDNAME RIGHTSAlistair Cox* 273,932Paul Venables* 195,295Tim Cook 31,696Nick Cox 99,434James Cullens 70,961Sholto Douglas-Home 54,087Nigel Heap 143,168Steve Weston 81,310Alison Yapp 62,091
As a result of the above transactions, the directors' interests in the Ordinary share capital of the Company (excluding share options and unvested incentive shares but including shares held beneficially under deferred bonus arrangements) now stand as follows:
Alistair Cox: 1,521,599 sharesPaul Venables: 1,049,248 shares
For further information in respect of this announcement please contact Neil Tsappis, Deputy Company Secretary, Hays plc on +44 (0)20 7383 2266.
9 September 2010
vendorRelated Shares:
Hays