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EBT Share Purchase

1st Oct 2008 14:00

RNS Number : 8353E
SABMiller PLC
01 October 2008
 



SABMiller plc

SABMiller plc was advised on 30 September 2008, that Ogier Trustee (Jersey) Limitedthe Trustee of the SABMiller Employees' Benefit Trust, ("the EBT") had on 30 September 2008 completed, in London, a transaction required to be notified in accordance with DTR 3.1.2R, namely the acquisition in the market of five hundred thousand (500,000) SABMiller plc ordinary shares of US$0.10 each at an average price of £10.676791 per share.

This purchase was made to provide the EBT with greater capacity to meet potential future conditional obligations in respect of restricted shares conditionally awarded under SABMiller's Performance Share Award Scheme and its Sub-Schemes and also to satisfy, upon exercise, stock appreciation rights awarded under SABMiller's International Employee Stock Appreciation Rights Scheme. Following this purchase the EBT's shareholding in unvested shares amounts to 5,857,945 ordinary shares, in which certain senior employees, including the following directors and persons discharging managerial responsibilities, have an interest as potential beneficiaries: Mr E.A.G. Mackay, Mr. M.I. Wyman, Mr. N. J. Adami, Mr. M. Bowman, Dr. A.J. Clark, Ms. S.M. Clark, Mr. J. Davidson, Mr. N.T. Fell, Mr. C.A. van Kralingen, Mr. A. Mervis and Mr. B.J.K. Smith.

John Davidson

General Counsel and Group Company Secretary

1 October 2008

 

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