28th Sep 2007 16:05
Liberty International PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") AND CONNECTED PERSONS
Following the sale of shares and exercise of options by an Executive Director, the Company has been advised of the following:
A. SALE OF SHARES & EXERCISE OF OPTIONS OF A DIRECTOR
Liberty International's Finance Director, Mr A C Smith has sold an aggregate of 22,761 ordinary shares following a sale of 29,761 ordinary shares on 25 September 2007 and an exercise of options on 28 September 2007 which subsequently increased his interests by 7,000 ordinary shares.
The exercise of options was over 40,000 ordinary shares in Liberty International at an option price of 565p per share. Immediately following the exercise, Mr Smith sold 33,000 ordinary shares at a price of 1153p per share keeping 7000 ordinary shares. Some of the proceeds of the sale were used to meet acquisition costs and income tax liabilities.
Mr A C Smith now holds 147,716 ordinary shares representing 0.041% of theissued share capital.B SALE OF SHARES1. Name of the issuer 2. State whether the notification relates to (i) a transaction LIBERTY INTERNATIONAL PLC notified in accordance with DR 3.1.4R(l)(a);or (ii) DR 3.1.4(R)(l)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) NOTIFICATION IN ACCORDANCE WITH (i)
3. Name of person discharging 4. State whether notification relates
managerial responsibilities I to a person connected with a person director discharging managerial responsibilities/director named in AIDAN SMITH 3 and identify the connected person PDMR NAMED IN 3 AND SPOUSE
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 above or financial instruments relating or in respect of a non-beneficial to shares interest1 ORDINARY SHARES OF 50P BENEFICIAL INTEREST OF AIDAN SMITH AND SPOUSE MRS S SMITH
7. Name of registered shareholders(s) 8. State the nature of the transaction
and, if more than one, the number of shares held by each of them SALE OF SHARES i) Mr A Smith ii) Mrs S Smith
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class
shares acquired should not be taken into account when calculating percentage)
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class shares disposed should not be taken into account when calculating percentage) i) 26,694 i) 0.007% ii) 3,067 ii) 0.001%
13. Price per share or value of 14. Date and place of transaction
transaction 25 SEPTEMBER 2007 i) 1120.95p ii) 1122.46p 15. Total holding following 16. Date issuer informed of transaction
notification and total percentage holding following notification (any 26 SEPTEMBER 2007 treasury shares should not be taken into account when calculating percentage) 140,716 (0.039%)
17. Any additional information 18. Name of contact and telephone
number for queries KERIN WILLIAMS 020 7887 7108 Name and signature of duly authorised officer of issuer responsible for making notification KERIN WILLIAMS Date of notification 26 SEPTEMBER 2007 C. INTERESTS OF THE ESOP
The shares required for the option exercise mentioned above were provided by transfers of shares from LI Share Plan (Jersey) Limited as trustee for the Liberty International PLC employee share ownership plan ("ESOP"). As Executive Directors of Liberty International PLC are potential beneficiaries of the ESOP, these changes are disclosable as a change in their interests.
1. Name of the issuer 2. State whether the notification relates to (i) a transaction LIBERTY INTERNATIONAL PLC notified in accordance with DR 3.1.4R(l)(a);or (ii) DR 3.1.4(R)(l)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) THIS DISCLOSURE IS MADE IN ACCORDANCE WITH (ii) 3. Name of director: 4. State whether notification relates to a person connected with a person MR R M CABLE, MRS K E CHALDECOTT discharging managerial , MR D A FISCHEL, MR I D responsibilities/director named in HAWKSWORTH AND MR A C SMITH 3 and identify the connected person N/A 5. Indicate whether the 6. Description of shares (including notification is in respect of a class), debentures or derivatives holding of the person referred or financial instruments relating to in 3 or 4 above or in respect to shares of a non-beneficial interest1 ORDINARY SHARES OF 50 PENCE NON-BENEFICIAL INTEREST OF THE DIRECTORS. THE DIRECTORS ARE POTENTIAL BENEFICIARIES UNDER THE EMPLOYEE SHARE PLAN
7. Name of registered shareholders 8. State the nature of the transaction
(s) and, if more than one, the number of shares held by each of TRANSFER TO EMPLOYEE ON EXERCISE OF them OPTIONS PARAMOUNT NOMINEES LIMITED
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating (treasury shares of that class to shares Transferred should not be taken into account when calculating percentage) 40,000 0.011%
11. Price per share or value of 12. Date and place of transaction
transaction 28 SEPTEMBER 2007 565p
13. Total holding following 14. Date issuer informed of transaction
notification and total percentage holding following 28 SEPTEMBER 2007 notification (any treasury shares should not be taken into account when calculating percentage) 667,254 (0.184%)
15. Any additional information 16. Name of contact and telephone
number for queries KERIN WILLIAMS 020 7887 7108 Name and signature of duly authorised officer of issuer responsible for making notification KERIN WILLIAMS Date of notification 28 SEPTEMBER 2007
LIBERTY INTERNATIONAL PLCRelated Shares:
INTU.L