5th Aug 2014 13:37
5 August 2014
Torotrak plc("Torotrak" or the "Company")
Directors' Shareholdings
The Company announces that on 5 August 2014, Jeremy Deering, Chief Executive, exercised 342,606 options awarded in December 2010 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 December 2010 LTPSP awards, in accordance with the stipulated performance conditions. Following this transaction, Jeremy Deering is interested in 1,435,640 Shares, representing approximately 0.52% of the Company's issued share capital.
As at the date of this announcement, the Company's issued share capital comprises 275,126,483 ordinary shares with voting rights. The Company does not hold any shares in Treasury. The figure of 275,126,483 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 FCA'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