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Notification of transactions by Directors/PDMRs

24th Jan 2011 17:44

RNS Number : 0024A
Flybe Group PLC
24 January 2011
 



 

Flybe Group plc

Notification of transactions by Directors/PDMRs

In accordance with Disclosure and Transparency Rule 3.1.4R(1), Flybe Group plc ("Company") announces that it was advised on 24 January 2011 by Capita IRG Trustees Limited that on 24 January 2011 the following directors and persons discharging managerial responsibility received an award of ordinary shares of 1p each in the capital of the Company pursuant to the rules of the Flybe Share Incentive Plan ("SIP"):

Director/PDMR

Number of shares

Simon Charles

100

Mark Chown

100

Mark Elkins

100

James French

100

Andrew Knuckey

100

Michael Rutter

100

Andrew Strong

100

 

Nil consideration was paid for the award of shares. Under the terms of the SIP and the award, however, the shares may be forfeited if an individual ceases to be employed by Flybe.

 

The Company also announces that, on 24 January 2011, it allotted 280,000 ordinary shares of 1p each in the capital of the Company to Capita IRG Trustees Limited in its capacity as the trustee of the SIP (and for the purposes of making an award of shares to employees pursuant to the SIP).

 

 

24 January 2011

 

Enquiries:

 

Flybe Group plc

Chris Simpson, Company Secretary

Tel: 01392 366669

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