Ashtead Group plc (the "Company") announces that the awards made to its executive directors in July 2011 under Company's Performance Share Plan vested on 28 July 2014.
As a result of vesting each director received the following number of shares:
Geoff Drabble 406,176
Sat Dhaiwal 130,641
Brendan Horgan 163,049
Suzanne Wood 126,816
The directors sold these shares on 28 July 2014 at 934 p per share. The directors' total shareholdings are:
|
Number of shares |
Percentage of issued share capital |
Shares held as a % of base salary |
Geoff Drabble |
1,303,297 |
0.26 |
1,900% |
Sat Dhaiwal |
398,375 |
0.08 |
1,550% |
Brendan Horgan |
493,874 |
0.10 |
1426% |
Suzanne Wood |
208,805 |
0.04 |
614% |
In calculating shareholding as a percentage of salary, the share price and sterling/dollar exchange rate as at close of business on 28 July and the directors' salaries as at 1 May 2014 have been used.
Enquiries:
Ashtead Group PLC,
Eric Watkins 020 7726 9700
Maitland,
Brian Hudspith 020 7379 5151