3 September 2013
API Group PLC
("API" or the "Company")
Director Shareholding
API announces that on 2 September 2013, Christopher Smith, Director, exercised his right to 250,000 ordinary 1p shares in the Company at nil cost, which had vested under the terms of the Company's long term incentive plan. The API Group plc No2 Employee Benefit Trust has transferred these shares to Mr Smith.
On 2 September 2013, Mr Smith also sold 250,000 ordinary shares at a price of 66p per share representing 0.3% of the issued share capital of the Company. The reason for the sale was to enable Mr Smith to finance a property acquisition.
Following the exercise and sale Mr Smith owns 232,035 ordinary 1p shares and has a total beneficial holding of 1,182,035 ordinary shares (1.5%).
For further information, please contact:
API Group plc Andrew Turner, Group Chief Executive | Tel: +44 (0) 1625 650334 |
Cairn Financial Advisers LLP Tony Rawlinson / Avi Robinson | Tel: +44 (0) 20 7148 7900 |