3rd Feb 2006 16:09
Grainger Trust PLC03 February 2006 Director/PDMR Shareholdings Grainger Trust plc ('The Company') announces that pursuant to its Long TermIncentive Plan ("LTIP") the following awards have now vested: Share Award Approved Options Unapproved Options Rupert Dickinson 51,537 - 128,844Andrew Cunningham 37,794 - 94,484Marie Glanville 4,979 10,307 2,145Debra Yudolph 17,177 10,307 32,640 The price at which the options were granted was £1.918 per 5p Ordinary share.Arrangements are in hand to transfer the shares awarded from The Grainger TrustEmployee Trustee Limited ("Trustee Company"), a wholly owned subsidiary of the Company, to the relevant Director/PDMR's. The total number of shares beingtransferred from the Trustee Company to participants in the LTIP, not all ofwhom are PDMRs, is 181,311. The Company also announces that the following directors/pdmr's have exercisedshare options under the company's Long Term Incentive Plan at a price of£1.918p per share. No. of share options exercised Rupert Dickinson 128,844Andrew Cunningham 94,484Marie Glanville 12,452 The company further announces that Mr Andrew Rolland Cunningham, Director, sold64,484 shares at 575p per share on 2 February 2006. The total holdings of the above individuals after these transactions in theshares of the Company are as follows: Holding following Percentage holding notification following notification Rupert Dickinson 1,588,004 1.22Andrew Cunningham 415,552 0.32Marie Glanville 20,336 Not materialDebra Rachel Yudolph 37,120 Not material This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Grainger plc