Director/PDMR Shareholding

RNS Number : 4675N

British Assets Trust PLC

17 February 2009

 



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 to 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 in block capital letters.

1. Name of the issuer

British Assets Trust plc

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

Related to (iii)

3. Name of person discharging managerial responsibilities/director

Lynn Christine Ruddick

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

As in 3

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

Non-beneficial interest

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

Puddledock Nominees 

8 State the nature of the transaction

Purchase

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

55 shares            

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

Non-beneficial interest - 0.00002%

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

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

13. Price per share or value of transaction

 90.25p

14. Date and place of transaction

09/02/09

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

Beneficial holding           33,794        0.01%

Non-beneficial holding      1,541     0.0005%

16. Date issuer informed of transaction

16/02/09

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

17 Date of grant

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

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

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

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

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

23. Any additional information

24. Name of contact and telephone number for queries

Steven Ross, 020 7628 8000

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

Gordon Hay Smith, Company Secretary.

Date of 17/02/09

END 

 

END

 

 

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