2nd Aug 2011 10:00
EBT Release
Notification of transactions of directors, persons discharging managerial responsibility or connected persons in accordance with DTR 3.1
The independent trustee of the SABMiller plc Employees' Benefit Trust ("EBT") notified the Company on 1 August 2011 that it had on 1 August 2011 exercised its discretion and released 167,000 ordinary shares in SABMiller plc to persons discharging managerial responsibility (PDMRs) participating in the Performance Share Award Scheme, as summarised in the table below. These shares relate to conditional awards made in 2008 to the PDMRs named below.
Name of PDMR | Shares released on 1 August 2011 | Shares sold on 1 August 2011 | Shares retained | Total beneficial holding as at 1 August 2011 |
N. J. Adami | 125,250 | 54,609 | 70,641 | 405,518 |
A.J. Clark | 41,750 | 14,613 | 27,137 | 101,610 |
Price per share for shares sold on 1 August 2011: £22.85
Date of transaction: 1 August 2011
Place of transactions: London, England
In accordance with the terms of the share awards sufficient shares were sold to meet tax liabilities. The shares sold were purchased by the EBT. Following these transactions, the EBT holds a total of 6,387,674 ordinary shares in SABMiller plc in which certain senior employees including the following directors and PDMRs have an interest as potential beneficiaries: Mr E.A.G. Mackay, Mr. J.S. Wilson, Mr. N. J. Adami, Mr. M. J. Bowman, Dr. A. J. Clark, Ms. S. M. Clark, Mr J. Davidson, Mr N.T. Fell, Mr. C.A. van Kralingen, Mr K. G. Lippert and Mr A. Mervis.
Related Shares:
SAB.L