Director/PDMR Shareholding

25 March 2013

                                                                               

                         Pendragon PLC ("the Company")                         

 

Conditional awards for 2013 under the Pendragon Long Term Incentive Plan
("LTIP")


Performance Awards under the LTIP were granted on 25 March 2013 to the
executive directors listed below:-

 
Director   Number of performance awards
                                       
T G Finn                      2,060,000
                                       
M S Casha                     1,178,777
                                       
T P Holden                      892,222
                                       
H C Sykes                       572,222
                                       

 

Vesting of the Performance Awards under the LTIP is subject to the satisfaction
of performance conditions based on achieving defined earnings per share targets
measured from the 2012 earnings per share result over a three year performance
period, and subject to an underpin of creating absolute total shareholder
value:-

 

Annual EPS Growth (three year performance period) Vesting Percentage:
                                                                     
Less than RPI +4%                                 0%                 
                                                                     
RPI + 4%                                          25%                
                                                                     
RPI + 10%                                         100%               
                                                                     
Straight line vesting between performance points                     
                                                                     

 

If the performance condition is not satisfied, none of the LTIP award shares
will vest.

 

Following the award of the above Performance Awards, the executive directors'
respective beneficial holdings in Pendragon PLC ordinary shares remains
unchanged, and are as detailed below:-

 

Director   Number of Shares Percentage of issued capital
                                                        
T G Finn   34,317,691       2.387%                      
                                                        
M S Casha  7,135,869        0.496%                      
                                                        
H C Sykes  2,535,988        0.176%                      
                                                        
T P Holden 1,127,015        0.078%                      
                                                        

 

This announcement is intended to satisfy obligations under the Disclosure and
Transparency Rules 3.1.4R(1).

 
HILARY C SYKES
25 MARCH 2013



Enquiries:    Pendragon PLC    Trevor Finn      Tel: [phone]
                               Tim Holden    

              Finsbury         Gordon Simpson   Tel: [phone]

                                    -ENDS-