7th Apr 2008 14:31
AMEC PLC07 April 2008 7 April 2008 AMEC plc - DIRECTORS' DEALINGS PURSUANT TO THE COMPANY'S PERFORMANCE SHARE PLAN2002 ("the Plan") Pursuant to our obligations under Disclosure Rule 3.1.4, we hereby advise youthat the Company was today notified of dealings on 4 April 2008 by Directors andPersons Discharging Managerial Responsibility ("PDMRs") as follows: As a consequence of the fulfilment of the Total Shareholder Return and growth inEarnings per Share performance conditions, in accordance with the rules of thePlan, the AMEC Ordinary Shares detailed below, awarded to Directors and PDMRs in2005 as Restricted Shares, became fully vested and free of restrictions on 4April 2008. BWCI Trust Company Limited, as the Trustees of the Plan, sold shares at 723pence per share on 4 April, 2008 on behalf of the Director and PDMRs listedbelow to meet the tax liability arising on the vesting of the following awards: Director Shares Vesting Shares Sold Shares Retained----------- ---------------- ------------- -----------------Mr S J Siddall 202,482 83,018 Nil* * Mr Siddall sold the balance of 119,464 shares at 723 pence per share on 4April, 2008 PDMR Shares Vesting Shares Sold Shares Retained------ ---------------- ------------- -----------------Mr N Bruce, Chief OperatingOfficer, Natural Resources 70,536 28,920 41,616 Mr R Jinks, President, Earth& Environmental 21,275 6,281 14,994 P J HollandCompany Secretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMFW.L