10th Jan 2012 14:14
Rule 3.19A.2
Rule 3.19A.2
Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity HENDERSON GROUP PLC. |
ABN 67 133 992 766 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | David Jacob |
Date of last notice | 29 December 2011 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest | |
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
| |
Date of change | |
No. of securities held prior to change | |
Class | |
Number acquired | |
Number disposed | |
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation
| |
No. of securities held after change | |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Detail of contract | Henderson Group Deferred Equity Plan (DEP) |
Nature of interest
| Restricted shares paid in lieu of STI payments, conditional on remaining in employment. 2009 DEP: 50% capable of vesting in each of June 2010 (vested) and 2011 2010 DEP: 33.3% capable of vesting in each of March 2011 (vested), 2012 and 2013. 2011 DEP: 33.3% capable of vesting in each of March 2012, 2013 and 2014. |
Name of registered holder (if issued securities)
| Greenwood Nominees Limited |
Date of change | 25 May 2011 (refer to comments on following page) |
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
| 2009 DEP: 47,669 restricted shares 2010 DEP: 105,357 restricted shares 2011 DEP: 30,451 restricted shares |
Interest acquired | 2011 DEP: 33,889 restricted shares |
Interest disposed | - |
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
| - |
Interest after change | 2009 DEP: 47,669 restricted shares 2010 DEP: 105,357 restricted shares 2011 DEP: 64,340 restricted shares |
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | No |
If so, was prior written clearance provided to allow the trade to proceed during this period? | N/A |
If prior written clearance was provided, on what date was this provided? | N/A |
Late lodgement of the Appendix 3Y
Mr Jacob was appointed as a Director on 5 May 2011 and the corresponding Appendix 3X was lodged on the following day. On 25 May 2011 an award of 33,889 restricted shares was made under the 2011 DEP in respect of the deferral of investment performance fees. As the award was backdated to March 2011, before Mr Jacob became a Director, the change was not flagged in the automated tracking system and the Company Secretary was not made aware of a disclosure requirement.
The discrepancy between the Director's interests and the disclosed position was identified as part of regular end-of-year reconciliations.
The automated tracking system has subsequently been enhanced and should remove the potential for a repeat of the error described. In addition manual procedures have been improved. As a result, the Company has arrangements in place to meet its disclosure obligations under listing rule 3.19A.
Related Shares:
HGG.L