15th Dec 2011 15:50
Enterprise Inns plc (the 'Company')
Director/PDMR Shareholding
15th December 2011
The Company announces that it yesterday received notification from EES Corporate Trustees Limited (the 'Trustee') as trustee of the Enterprise Inns 2005 Share Incentive Plan (the 'SIP') of the following transactions in the Company's Ordinary Shares of 2.5 pence (the 'Shares'):
·; that 976,471 Shares were transferred from the Enterprise Inns Employee Benefit Trust to the Trustee of the SIP at 34.375 pence per share on 14th December 2011
·; that 23,864 Matching Shares already held as unallocated Shares in the SIP Trust were allocated
·; that 333,445 of these Shares were allocated as Partnership Shares
·; that 666,890 of these Shares were allocated as Matching Shares
Under the 2011 SIP offer to employees, for the financial year beginning 1st October 2011, the Company gave participating employees two Matching Shares for each Partnership Share bought by them up to a maximum value of £1,500.00 per annum per employee (plus any residual cash balance held by the Trustee on behalf of the employee).
A total of 1,000,335 Shares (Partnership and Matching Shares) were allocated to employees under the rules of the SIP at 34.375 pence per share and are held by the Trustee.
The interests of the executive directors of the Company in the above transactions were as follows:
Name | No of Partnership Shares | No of Matching Shares | Total Holding of Shares following this notification | % of total issued shares |
G E Tuppen | 4,363 | 8,726 | 3,407,399 | 0.67 |
W S Townsend | 4,363 | 8,726 | 741,920 | 0.15 |
J A Poole
Company Secretary
0121 256 3024
Related Shares:
EI Group