Director/PDMR Shareholding
May 11 2007 - 10:19AM
UK Regulatory
RNS Number:4702W
Highway Insurance Holdings PLC
11 May 2007
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
HIGHWAY INSURANCE HOLDINGS PLC
2. State whether the notification relates to:
(i) a transaction notified in accordance with DR3.1.4R(1)
(a); or
(ii) DR 3.1.4 (R) (1)(b) a disclosure made in accordance with
section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) Both (i) and (ii)
NOTIFICATION RELATES TO (i) AS SECTION 324 HAS BEEN REPEALED
3. Name of person discharging managerial responsibilities/director
PAUL COSH (EXECUTIVE DIRECTOR)
ANDREW GIBSON (EXECUTIVE DIRECTOR)
CHRISTOPHER HILL (EXECUTIVE DIRECTOR)
ARTHUR MILTON (EXECUTIVE DIRECTOR)
PHILIP LAMPSHIRE (PDMR)
4. State whether notification relates to a person connected with a
person discharging managerial responsibilities/director named in 3 and identify
the connected person.
NO
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.
NOTIFICATION OF CONDITIONAL SHARE AWARDS GRANTED ON 10 MAY 2007 TO
THE PERSONS LISTED IN 3 ABOVE UNDER THE HIGHWAY INSURANCE HOLDINGS PLC 2005
PERFORMANCE SHARE PLAN. DETAILS OF THE AWARDS ARE SET OUT IN 17-22 BELOW.
6. Description of shares (including class), debentures or derivatives
or financial instruments relating to shares.
CONDITIONAL AWARD OF HIGHWAY INSURANCE HOLDINGS PLC ORDINARY 20
PENCE SHARES (SEE 17-22 BELOW)
7. Name of registered shareholder(s) and, if more than one, the number
of shares held by each of them.
N/A
8. State the nature of the transaction.
SEE 17-22 BELOW
9. Number of shares, debentures or financial instruments relating to
shares acquired.
N/A
10. Percentage of issued class acquired (treasury shares of that
class should not be taken into account when calculating percentage).
N/A
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.
N/A
14. Date and place of transaction.
UK
15. Total holding following notification and total percentage holding
following notification (any treasury shares should not be taken into account
when calculating percentage).
(a) PAUL COSH
JAMES CAPEL NOMINEES LIMITED: 137,813 (0.07%)
LLOYDS TSB REGISTRARS CORPORATE NOMINEE (ESOP): 9,449 (0.005%)
LINDA ELLEN COSH: 25,500 (0.01%)
PAUL COSH 1990/91 TRUST: 94,000 (0.05%)
CONDITIONAL AWARDS OF SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2005 PERFORMANCE
SHARE PLAN): 1,113,472
OPTIONS TO ACQUIRE SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2002 EXECUTIVE SHARE
OPTION PLAN): 1,500,000
(b) ANDREW GIBSON
CONDITIONAL AWARD OF SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2005 PERFORMANCE
SHARE PLAN): 794,702
(c) CHRISTOPHER HILL
CHRISTOPHER HILL: 12,999 (0.006%)
LLOYDS TSB REGISTRARS CORPORATE NOMINEE (ESOP): 12,575 (0.006%)
CONDITIONAL AWARDS OF SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2005 PERFORMANCE
SHARE PLAN): 1,247,941
OPTIONS TO ACQUIRE SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2002 EXECUTIVE SHARE
OPTION PLAN): 1,500,000
(d) ARTHUR MILTON
T D WATERHOUSE NOMINEES LIMITED: 90,000 (0.04%)
CONDITIONAL AWARDS OF SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2005 PERFORMANCE
SHARE PLAN): 667,040
(e) PHILIP LAMPSHIRE
LLOYDS TSB REGISTRARS CORPORATE NOMINEE (ESOP): 12,574 (0.006%)
CONDITIONAL AWARDS OF SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2005 PERFORMANCE
SHARE PLAN): 133,978
OPTIONS TO ACQUIRE SHARES (HIGHWAY INSURANCE HOLDINGS PLC 2002 EXECUTIVE SHARE
OPTION PLAN): 500,000
16. Date issuer informed of transaction.
10 MAY 2007
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes.
17. Date of grant.
CONDITIONAL AWARDS OF SHARES WERE GRANTED UNDER THE HIGHWAY
INSURANCE HOLDINGS PLC 2005 PERFORMANCE SHARE PLAN ON 10 MAY 2007
18. Period during which the awards may vest.
THE SHARES SUBJECT TO THE AWARDS MAY VEST AT THE END OF THE
PERFORMANCE PERIOD ON 31 DECEMBER 2009 ONLY TO THE EXTENT THAT THE PERFORMANCE
CONDITION IS MET.
19. Total amount paid (if any) for grant of the option.
NONE (NO CONSIDERATION IS PAYABLE ON THE GRANT OR VESTING OF THE AWARDS)
20. Description of shares or debentures involved (class and number).
ORDINARY 20 PENCE SHARES IN HIGHWAY INSURANCE HOLDINGS PLC
21. Exercise price (if fixed at time of grant) or indication that
price is to be fixed at the time of exercise.
NONE
22. Total number of shares subject to the awards disclosed in this
notification.
NAME NUMBER OF SHARES
Paul Cosh 264,901
Andrew Gibson 794,702
Christopher Hill 278,146
Arthur Milton 251,656
Philip Lampshire 92,937
23. Any additional information.
N/A.
24. Name of contact and telephone number for queries.
PHILIP LAMPSHIRE
Tel: 01277 266308
Name and signature of duly authorised officer of issuer responsibility for
making notification.
PHILIP LAMPSHIRE
COMPANY SECRETARY
Date of Notification
11 MAY 2007
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSSFWFLFSWSEFI
Highway Insurance (LSE:HWY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Highway Insurance (LSE:HWY)
Historical Stock Chart
From Jul 2023 to Jul 2024
