1st Dec 2008 13:23
TRANSACTIONS BY DIRECTORS AND PDMRS
DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(A)
SHARE INCENTIVE PLAN
The Company was notified on 1 December 2008 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 28 November 2008 in the Company's ordinary shares:-
(a) that 50,559 shares were purchased and allocated at £11.0175 per share using participating employees' gross salary ('Partnership Shares').
(b) that the Company matched the Partnership Shares purchased by employees and allocated a further 39,082 shares at £11.0175 per share ('Matching Shares'). The Company gives employees 2 Matching Shares for each Partnership Share bought by them up to a maximum of 6 Matching Shares per employee, each month.
The purchase, referred to above, was made pursuant to a regular standing order instruction with Computershare Investor Services plc for the monthly purchase of Partnership Shares.
The interests of Executive directors/PDMRs of the Company in the transactions were as follows:
|
Director/PDMR |
SIP Purchases |
Total holding following notification |
|
|
Number of Partnership Shares |
Number of Matching Shares |
||
|
Colin Hood Director |
11 |
6 |
28,210 |
|
Ian Marchant Director |
11 |
6 |
142,606 |
|
Alistair Phillips-Davies Director |
12 |
6 |
31,527 |
|
Gregor Alexander Director |
11 |
6 |
46,030 |
|
Mark Mathieson PDMR |
11 |
6 |
N/A |
|
Paul Smith PDMR |
11 |
6 |
N/A |
Related Shares:
SSE