5th Feb 2010 16:05
KCOM GROUP PLC
NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PDMRS
AS SPECIFIED UNDER DR 3.1.4R (1)
05.012.2010
In accordance with the Disclosure Rules 3.1.4R (1), KCOM confirms that the following directors were invited to participate in the Long Term Co-Investment Plan (LTCIP) for the 12 month period ending 31 August 2009 and have each accepted that invitation. The Plan was approved by shareholders at the Company's Annual General Meeting on 1 August 2007, and in line with the Plan rules, shares have been bought or transferred on behalf of the directors as follows:
INVESTMENT SHARES HELD
|
Participant |
Opening Balance |
Shares Transferred In This Month (2) |
Shares Bought This Month
|
Dividend Shares This Month |
Date Allocated |
Share Price |
Closing Balance |
|
P Simpson |
414,042 |
0 |
0 |
3,742 |
04/02/10 |
£0.545 |
417,784 |
|
P Renucci |
368,444 |
0 |
0 |
3,330 |
04/02/10 |
£0.545 |
371,774 |
|
K Walsh |
655,309 |
0 |
0 |
5,923 |
04/02/10 |
£0.545 |
661,232 |
(2) Under the rules of the scheme participants are allowed to transfer in any shares already held in their own name.
Though the 12 month period has now ended and the participants are no longer contributing to the scheme, the shares held in the trust are eligible for Dividend Re-Investment for the Interim and Final Dividend payments. The Company received notification from the trustees on 5th February 2010.
KCOM confirms that all individual instructions to the trustees were given in an open period.
In the event of any queries, please contact Paul Simpson, Chief Financial Officer and Company Secretary on 44 1924 882866 or [email protected].
Related Shares:
KCOM