Brammer PLC Director/PDMR Shareholding (0431P)
September 26 2013 - 11:39AM
UK Regulatory
TIDMBRAM
RNS Number : 0431P
Brammer PLC
26 September 2013
Brammer plc ("the Company") - Director/PDMR Shareholding
Notifications of Transactions of Directors, Persons Discharging
Managerial Responsibility or Connected Persons - DR3.1.4R(1)
Name of Director / PDMR: Mr Paul Thwaite
The Company was notified on 26(th) September 2013 that on 25(th)
September 2013 Mr Thwaite, as part of a divorce settlement,
exercised:
-- 288,054 nil cost option awards granted in March 2009 over the
Company's ordinary shares of 20p each under the Company's
Performance Share Plan ("PSP") and which vested in March 2012
following the achievement of the relevant performance targets under
the PSP scheme; and
-- 74,237 nil cost option awards granted in March 2009 over the
Company's ordinary shares of 20p each under the Company's Share
Matching Plan ("SMP") and which vested in March 2012 following the
achievement of the appropriate performance targets under the SMP
scheme.
Mr Thwaite subsequently disposed of all 362,291 of these shares
at an average price of 460p per share.
Following these transactions, Mr Thwaite's interest in the
Company's issued share capital remains at 1,024,873 ordinary shares
of 20p each representing 0.8685% of the issued share capital of the
Company.
Name of authorised Company official responsible for making this
notification:
Steven Hodkinson
Company Secretary
01565 756804
26 September 2013
This information is provided by RNS
The company news service from the London Stock Exchange
END
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