11th May 2007 15:54
Lavendon Group PLC11 May 2007 11 May 2007 LAVENDON GROUP PLC ('The Company') DIRECTORS / PDMR SHAREHOLDINGS Under the terms of the Lavendon Group plc 2005 Share Matching Plan ('the Plan'),Kevin Appleton and Alan Merrell, the Company's Chief Executive and FinanceDirector respectively, have been awarded 60,744 and 38,129 ordinary shares of1p each in the Company ('Ordinary Shares') respectively. The Company has been notified that on 10 May 2007 Kevin Appleton and AlanMerrell had respectively sold 27,332 and 16,662 Ordinary Shares at a price of576.4 pence per share in order to settle the taxation liability arising fromthese awards. Following the awards under the Plan and subsequent partial sale of shares, KevinAppleton and Alan Merrell hold beneficial interests in the share capital of the Company of 97,974 and 63,467 Ordinary Shares respectively. In addition to these beneficial interests, they hold share options over 525,123 and 250,000 Ordinary Shares respectively, shares subject to the Share Matching Awards of 64,562 and 42,000 Ordinary Shares respectively, and awards granted under the Lavendon Groupplc 2006 Long Term Incentive Plan of 135,679 and 108,581 Ordinary Sharesrespectively. In addition to the Company's Board directors, Robert McMeeking, Group CommercialDirector, and Mark Johnson, Group IT Director, were awarded 11,549 and 10,124 Ordinary Shares respectively. The company has been notified that on 10 May 2007 Robert McMeeking sold 3,481 Ordinary Shares at 576.4 pence per share to settle the taxation liability arising on the above award. Following the awards underthe Plan and subsequent partial sale of shares, Robert McMeeking and MarkJohnson hold beneficial interests in the share capital of the Company of 19,476and 20,124 Ordinary Shares respectively. In addition to these beneficialinterests, they both hold share options over 40,000 Ordinary Shares, sharessubject to the Share Matching Awards of 11,408 and 10,000 Ordinary Sharesrespectively, and awards granted under the Lavendon Group plc 2006 Long TermIncentive Plan of 7,653 and 8,998 Ordinary Shares respectively. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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