10th Aug 2009 16:47
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR CONNECTED PERSONS
Dividend Shares
Cable and Wireless plc (the "Company") advises that pursuant to the dividend paid on 7 August 2009, the under mentioned Directors and PDMRs received dividend shares in accordance with the rules of the Scrip Dividend Scheme ("SCRIP") and the Share Incentive Plan ("SIP"):
|
NAME |
DIRECTOR/ PDMR |
SCRIP |
SIP |
|
Simon Ball |
Director |
8,396 |
- |
|
George Battersby |
Director |
52,3231 |
213 |
|
Nick Cooper |
PDMR |
- |
152 |
|
Ken McFadyen |
PDMR |
- |
79 |
|
Richard Lapthorne |
Director |
198,8692 |
- |
|
Tim Pennington |
Director |
25,8243 |
79 |
|
Tony Rice |
Director |
- |
152 |
Notes:
1 Of these shares, 8,838 are held in a nominee account on behalf of a person connected to George Battersby;
2 These shares are held in a nominee account; and
3 These shares are held in a nominee account on behalf of a person connected to Tim Pennington.
Restricted Shares
The Company has been advised that the Trustee of the Cable and Wireless plc Employee Share Ownership Trust ("the Trust") has undertaken the following transactions in the ordinary shares of the Company:
On 3 August 2009 Restricted Shares in the Company were released to Ivan Gunatilleke, a PDMR, at a price of 144.41 pence per ordinary share, in accordance with the rules of the Company's Restricted Share Plan. In order to meet UK income tax liabilities, the Trust also sold ordinary shares from the Restricted Shares released to Ivan Gunatilleke at this price;
On 2 June 2009 Restricted Shares in the Company were released to Nick Cooper and Clare Waters, both PDMRs, at a price of 134.84 pence per ordinary share, in accordance with the rules of the Company's Restricted Share Plan. In order to meet UK income tax liabilities, the Trust also sold ordinary shares from the Restricted Shares released to Nick Cooper and Clare Waters at this price; and
On 19 February 2009 Restricted Shares in the Company were released to Ken McFadyen, a PDMR, at a price of 143.50 pence per ordinary share, in accordance with the rules of the Company's Restricted Share Plan. In order to meet UK income tax liabilities, the Trust also sold ordinary shares from the Restricted Shares released to Ken McFadyen at this price.
|
PDMR |
Gross Shares released |
Shares sold for UK tax liabilities |
Net Shares released |
|
Ivan Gunatilleke |
46,882 |
19,261 |
27,621 |
|
Nick Cooper |
123,457 |
50,719 |
72,738 |
|
Clare Waters1 |
123,457 |
50,719 |
72,738 |
|
Ken McFadyen |
36,934 |
15,544 |
21,390 |
Notes:
1 As announced on 24 July 2009, Clare Waters disposed of these shares on 22 July 2009.
These disclosures relate to transactions notified in accordance with DTR 3.1.4R(1) (a).
Name of person making notification: Gill Roberts
Contact number: 020 7315 4934
Date of notification: 10 August 2009
Related Shares:
CWC.L