20th Mar 2007 16:53
Inmarsat PLC20 March 2007 20 March 2007 Inmarsat plc: Vesting of existing share incentive award Share awards over ordinary shares of €0.0005 in Inmarsat plc under the 2005Bonus Share Plan were made in March 2006 (following the monetary award made inMay 2005) to the following executive directors and executives who are classifiedas Persons Discharging Managerial Responsibility. Under the Rules of the Bonus Share Plan, the shares vest over three years withthe first vesting occurring on 20 March 2007 representing one third of theoriginal share award plus reinvested dividends. The remaining vesting periodsare March 2008 and March 2009. The Bonus Share Plan is not an HM Revenue & Customs approved plan and onvesting, income tax and social security deductions become payable by theindividual. The share price at which shares were sold on 20 March 2007 was384.57p per share. There have been no changes to any other shareholdings held by the followingpeople, other than where shares have been retained they will be added to theexisting number of ordinary shares for the relevant individual. Name Original number of Number of shares Number of Number of shares awarded vesting on 20 March shares sold shares under 2005 Bonus 2007 including on 20 March retained on 20 Share Plan reinvested dividends 2007 March 2007 Michael 25,456 8,749 8,749 -Butler* Richard 11,422 3,962 3,962 -Denny Alison 7,832 2,692 2,692 -Horrocks Eugene 21,540 7,403 - 7,403Jilg Debra 10,443 3,589 3,589 -Jones Rick 25,456 8,749 8,749 -Medlock* Perry 13,707 4,711 4,711 -Melton Leo 12,959 4,454 1,184 3,270Mondale Rupert 17,232 5,923 5,923 -Pearce AndrewSukawaty* 55,075 18,929 7,789 11,140 *denotes executive director. All other executives are those who are consideredPersons Discharging Managerial Responsibility. Contact:Inmarsat plcSimon Ailes: +44 20 7728 1518 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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