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Director/PDMR Shareholding

30th Jun 2008 16:45

RNS Number : 9287X
AMEC PLC
30 June 2008
 



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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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