30th Jun 2008 16:45
AMEC plc
Announcement of transactions of directors and PDMRs in ordinary shares of 50 pence each pursuant to Disclosure Rule 3.1.4
The Company announces that on 30 June 2008 it was notified of transactions in its ordinary shares ("Shares") of 50 pence each as follows.
The conditional awards ("Awards") listed below were granted for no consideration under the Transformation Incentive Plan (the "Plan") on 30 June 2008. Under the Plan, participants are invited to lodge Shares beneficially owned by them ("Investment Shares"), and are granted an Award over additional shares in the Company based on the number of Investment Shares which have been, or are intended to be, lodged.
Name |
Number of Investment Shares lodged/intended to be lodged |
Number of shares subject to Award |
Vesting date* |
Name |
Number of Investment Shares lodged/intended to be lodged |
Number of shares subject to Award |
Vesting date* |
Mr Samir Brikho |
136,695 |
546,780 |
15 May 2011 |
Mr Neil Bruce |
32,442 |
129,768 |
30 May 2011 |
Mr Didier Pfleger |
26,731 |
106,924 |
To be determined |
Mr Roger Jinks |
10,638 |
42,552 |
To be determined |
* The normal vesting date is the third anniversary of the date on which the Investment Shares are lodged. Therefore where Investment Shares have not yet been lodged but the intention to lodge has been notified to the Company, the vesting date of the Award is not yet known. Participants have until 31 March 2009 to lodge Investment Shares. If no Investment Shares are lodged by that date, the Award will lapse.
In addition, Awards over 296,720 shares have been made to a further 9 individuals under the Plan, none of whom are PDMRs. Awards over a total of 1,122,744 shares have therefore been granted under the Plan.
This announcement is made following notifications under Disclosure Rule 3.1.2
P J Holland
Company Secretary
Related Shares:
AMFW.L