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Director/PDMR Shareholding

3rd Mar 2009 07:00

RNS Number : 1729O
Spice PLC
03 March 2009
 



3 March 2009

Share dealings by a director of Spice plc ("Spice" or "the Company")

Spice, the provider of Total Utility Support Services, was notified on 2 March 2009 that Andy Catchpole Head of Spice's Distribution Division, has exercised 349,055 share options under the Company's Performance Share Plan. Andy Catchpole's revised shareholding in Spice, including connected parties, has increased to 845,715 shares (representing approximately 0.24 per cent. of the ordinary issued share capital of the Company).

The option exercise price per share was £nil and the total option cost was £nil, before taking account of all payroll taxes which have been funded by Andy Catchpole. After taking account of the exercise of share options, the total number of options held by Andy Catchpole under all option schemes is 1,019,315

This disclosure has been made for the purposes DTR 3.1.4(1) (a). The transactions took place in Leeds.

Ends

Enquiries:

Spice plc 

Tel: 0113 201 2126

Simon Rigby, Chief Executive Officer

Oliver Lightowlers, Group Finance Director

Andy Catchpole, Group Strategy and Development Director

Financial Dynamics 

Tel: 020 7831 3113

Billy Clegg

Caroline Stewart

KBC Peel Hunt (Broker)

Tel: 020 7418 8900

Julian Blunt

NOTES TO EDITORS

Spice plc

Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, although the range of activities has since been expanded into other niche areas. The Group is organised into two divisions to match its utility customer base; a Supply Division; and a Distribution Division. Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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