3 July 2014
Anite plc
Director/PDMR Shareholding
Anite plc ("Anite" or "the Group"), the leading provider of software solutions to the international wireless market, today announces, in accordance with DTR 3.1.4R, that on 2nd July 2014, Christopher Humphrey, its Chief Executive, exercised 187,500 executive share options at a price of 48.5p per option (a cost of £90,937.50).
These options were granted to Mr Humphrey and various other employees in 2004 as part of the Group's long term incentive plans. The options vested in 2007 and expire on their tenth anniversary on 15th August 2014. Mr Humphrey sold, on 2nd July 2014 in London, 140,731 ordinary shares at 92.43 pence to cover the exercise cost together with the tax and national insurance contributions payable on the net gain. He will retain the remaining 46,769 shares.
Following these transactions, Mr Humphrey's shareholding in Anite will increase to 1,848,429 shares (0.615%). In addition, Mr Humphrey holds a total of 7,443,366 executive share options of which 5,864,564 have vested but not yet been exercised.
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Anite plc |
01252 775200 |
Patrick De Smedt (Chairman of Remuneration Committee) |
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MHP Communications |
020 3128 8100 |
Reg Hoare/Giles Robinson |
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