ATD Bioseek

TIDMATD

RNS Number : 2850H

Asterand PLC

25 May 2011

 
 For Immediate Release   25 May 2011 
 

ASTERAND PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 
 (1)   An issuer making a notification in respect of a transaction 
        relating to the shares or debentures of the issuer should 
        complete boxes 1 to 16, 23 and 24. 
 (2)   An issuer making a notification in respect of a derivative 
        relating the shares of the issuer should complete boxes 
        1 to 4, 6, 8,13, 14, 16, 23 and 24. 
 (3)   An issuer making a notification in respect of options 
        granted to a director/person discharging managerial responsibilities 
        should complete boxes 1 to 3 and 17 to 24. 
 (4)   An issuer making a notification in respect of a financial 
        instrument relating to the shares of the issuer (other 
        than a debenture) should complete boxes 1 to 4, 6, 8, 
        9, 11, 13, 14, 16, 23 and 24. 
 

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

ASTERAND PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R or

(ii) a disclosure made in accordance LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

(i ) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DR 3.1.4R

3. Name of person discharging managerial responsibilities/director

JOHN STCHUR, CHIEF FINANCIAL OFFICER

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

HOLDING

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

JOHN STCHUR 119,556

8 State the nature of the transaction

700,000 ordinary shares with the vesting of share-settled restricted stock units granted pursuant to the Company's Long Term Incentive Plan. The trustees of the Company's Employee Benefit Trust subscribed for the shares at nominal value and directed the Company to issue the shares direct to participants. 280,350 of these shares were sold immediately to the trustee to enable withholding tax to be operated resulting in a net amount of 419,650 ordinary shares to Mr. Stchur.

9. Number of shares, debentures or financial instruments relating to shares acquired

419,650

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.35%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

nil

14. Date and place of transaction

25 May 2011

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

539,206 0.46%

16. Date issuer informed of transaction

25 May 2011

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held following notification

N/A

23. Any additional information

N/A

24. Name of contact and telephone number for queries

JOHN STCHUR - TEL: 001 313 263-0960

Name and signature of duly authorised officer of issuer responsible for making notification

JOHN STCHUR, CHIEF FINANCIAL OFFICER AND SECRETARY

Date of notification

25 May 2011

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSEADSSALAFEFF

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