3rd Apr 2007 15:40
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DTR3.1.4R(1).
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1-16, 23 and 24.
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1- 4, 6, 8, 13, 14, 16, 23 and 24.
An issuer making a notification in respect of options granted to a director/ person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete the following in block capitals
1. Name of the issuer
GKN plc
2. State whether the notification relates to:
(i) a transaction notified in accordance with DR3.1.4R(1)(a); or
(ii) DR3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
(III) BOTH (I) AND (II) IN RESPECT OF KEVIN SMITH AND NIGEL STEIN
(I) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR3.1.4R(1)(A) IN RESPECT OF MARCUS BRYSON, ARTHUR CONNELLY, MAUREEN CONSTANTINE, GREY DENHAM, SIMON PRYCE, ANDREW REYNOLDS SMITH AND MARTYN VAUGHAN
3. Name of the person discharging managerial responsibilities/director
KEVIN SMITH - DIRECTOR & PDMR
NIGEL STEIN - DIRECTOR & PDMR
MARCUS BRYSON - PDMRARTHUR CONNELLY - PDMRMAUREEN CONSTANTINE - PDMRGREY DENHAM - PDMRSIMON PRYCE - PDMR
ANDREW REYNOLDS SMITH - PDMR
MARTYN VAUGHAN - PDMR
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify
the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
N/A
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
N/A
7. Name of registered shareholder(s) and, if more than one, the number of
shares held by each of them
N/A
8. State the nature of the transaction
N/A
9. Number of shares, debentures or financial instruments relating to shares
acquired
N/A
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
N/A
11. Number of shares, debentures or financial instruments relating to shares
disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
N/A
14. Date and place of transaction
N/A
15. Total holding following notification and total percentage holding following
notification (any treasury shares should hot be taken into account when
calculating percentage)
N/A
16. Date issuer informed of transaction
N/A
If a person discharging managerial responsibilities has been granted options by the issuer complete the following:
17. Date of grant
2 APRIL 2007
18. Period during which or date on which it can be exercised
2 APRIL 2011 TO 2 APRIL 2017 IN RESPECT OF KEVIN SMITH AND NIGEL STEIN
2 APRIL 2010 TO 2 APRIL 2017 IN RESPECT OF MARCUS BRYSON, ARTHUR CONNELLY, MAUREEN CONSTANTINE, GREY DENHAM, SIMON PRYCE, ANDREW REYNOLDS SMITH AND MARTYN VAUGHAN
19. Total amount paid (if any) for grant of the option
NIL
20. Description of shares or debentures involved (class and number)
CONDITIONAL AWARDS GRANTED OVER THE FOLLOWING NUMBER OF ORDINARY SHARES OF 50PEACH:KEVIN SMITH - 233,800NIGEL STEIN - 139,341MARCUS BRYSON - 20,519ARTHUR CONNELLY - 26,345MAUREEN CONSTANTINE - 18,441GREY DENHAM - 18,441SIMON PRYCE - 28,541
ANDREW REYNOLDS SMITH - 25,509
MARTYN VAUGHAN - 16,888
21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of exercise
NIL
22. Total number of shares or debentures over which options held under the GKN
Long Term Incentive Plan following notification
KEVIN SMITH - 697,080NIGEL STEIN - 410,683MARCUS BRYSON - 83,889ARTHUR CONNELLY - 110,838MAUREEN CONSTANTINE - 77,586GREY DENHAM - 77,586SIMON PRYCE - 120,075
ANDREW REYNOLDS SMITH - 105,777
MARTYN VAUGHAN - 75,656
23. Any additional information
THE AWARDS, GRANTED UNDER THE GKN PLC LONG TERM INCENTIVE PLAN 2004, ARE EXERCISABLE TO THE EXTENT THAT CERTAIN PERFORMANCE CRITERIA ARE SATISFIED BY THE COMPANY OVER THE 3 YEAR PERFORMANCE PERIOD, WHICH COMMENCED ON 1 JANUARY 2007, AND THE SATISFACTION BY THE EXECUTIVE DIRECTOR/PDMR OF A PERSONAL SHAREHOLDING REQUIREMENT.
24. Name of contact and telephone number for queries
CHRISTOPHER WINTERS01527 533383
Name and signature of duly authorised officer of issuer responsible for making notification
CHRISTOPHER WINTERSDate of notification
3 APRIL 2007
GKN PLCRelated Shares:
GKN PLC