14th Mar 2011 10:22
14 March 2011
Cobham plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Cobham plc (the "Company") announces in respect of ordinary 2.5 pence shares of the Company ("Shares") that on 14 March 2011, notification was received of the purchase by Andy Stevens of 10,559 Shares at a price of 228.9895 pence per Share in respect of his participation in the Cobham plc Performance Share Plan 2007 (Bonus Co-investment Plan) ("Plan").
The Plan works by the participant making a voluntary election to defer an element of his annual incentive payment and giving participants (the executive directors and other senior executives) the opportunity to earn a matching award of shares against their gross bonus invested on an up to 2:1 basis. The Shares are held in Trust for the benefit of the participant. Matching awards vest after three years subject to economic profit targets.
Name of contact and telephone number for queries:
Julian Wais
Director of Investor Relations
01202 857998
Related Shares:
Cobham