12th Jul 2011 12:26
KCOM GROUP PLC
NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRS
AS SPECIFIED UNDER DR 3.1.4 R (1)
12.07.2011
The Company operates an Inland Revenue approved Share Incentive Plan (SIP) which offers all employees the opportunity to participate in free shares, partnership shares, matching shares and dividend shares. In accordance with the Disclosure Rules 3.1.4 R (1), the share interests of the under-noted directors and persons discharging managerial responsibilities have increased this month.
The following transactions took place in London on 11th July 2011 and the Company was notified on 11th July 2011.
Category | Name | Opening Balance under this scheme* | Partnership Shares purchased this month | Matching Shares allocated this month | Share Price | Closing Balance under this scheme** | Total Shares held in the Company*** | Total issued capital percentage held |
PDMR | Mr David Bishop | 17,606 | 64 | 94 | 78.50 | 17,764 | 57,929 | 0.011% |
PDMR | Mr Richard Bland | 12,023 | 38 | 69 | 78.50 | 12,130 | 12,130 | 0.002% |
PDMR | Mrs Rebecca Collinson | 3,402 | 26 | 51 | 78.50 | 3,479 | 5,034 | 0.001% |
PDMR | Mr Jonathan Godber | 30,974 | 159 | 126 | 78.50 | 31,259 | 41,259* | 0.007% |
PDMR | Mr Sean Royce | 62,892* | 318 | 252 | 78.50 | 63,462 | 64,350* | 0.012% |
Director | Mr Paul Simpson | 35,196 | 159 | 126 | 78.50 | 35,481 | 471,946 | 0.091% |
PDMR | Mrs Kathy Smith | 31,546 | 159 | 126 | 78.50 | 31,831 | 31,831 | 0.006% |
Director | Mr Kevin Walsh | 23,040 | 159 | 126 | 78.50 | 23,325 | 714,123 | 0.138% |
\* The total shareholding for Mr Jonathan Godber has been corrected following the accidental omission of 10,000 shares held outside of the SIP scheme in the notification made in June 2011. The shareholding for Mr Sean Royce under the SIP scheme has been updated to include shares held by Connected Persons under the scheme, previously omitted in error from prior notifications.
**Opening and closing balances include all shares held under the scheme, which comprise of free shares, partnership shares, matching shares and dividend shares. Free shares and matching shares are forfeitable under certain circumstances.
**\* The total shares held represent shares held by connected persons in addition to shares held in the name of the individual.
In accordance with standard Inland Revenue approved Share Incentive Scheme rules, the shares are held in trust for the benefit of the participant.
KCOM confirms that the individual instructions to the trustees were given in an open period.
In the event of any queries, please contact Kathy Smith, Company Secretary on +44 (0)1924 882501 or [email protected].
Related Shares:
KCOM