31st Mar 2010 11:38
31 March 2010
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Cobham plc announces that on 26 March 2010 the executive directors sold a number of shares listed below to satisfy certain tax and national insurance liabilities:
A Stevens 56,284 ordinary 2.5 pence shares
W Tucker 52,274 ordinary 2.5 pence shares
The shares were sold at 262.85 pence per share. Both of the directors have retained the balance of the shares transferred under their Performance Share Plan entitlement of:
A Stevens 80,512 ordinary 2.5 pence shares
W Tucker 74,777 ordinary 2.5 pence shares
An award under the PSP vests on the third anniversary of the date of grant to the extent that applicable performance conditions are met. There is no payment due for an award under the PSP.
Name of contact and telephone number for queries:
Julian Wais
Director of Investor Relations
01202 852998
Related Shares:
Cobham