Bloomsbury Publishing PLC
10 May 2007
For immediate release 10 May 2007
Bloomsbury Publishing Plc
('Bloomsbury' or 'the Company')
Notification of Interests of Directors and Persons Discharging Managerial
Responsibility ('PDMR') and connected persons
Bloomsbury announces the following changes to the interests of Directors and
PDMRs in the Company's ordinary shares of 1.25p each ('Shares').
On 8 May 2007 the Company made the following awards of Shares ('Awards') under
the Bloomsbury Performance Share Plan 2005 ('PSP'):
Executive Directors
Name Role PSP Award Beneficial interest in shares
(number) (number excluding Awards)
Nigel Newton Chief Executive 120,466 2,758,488
Colin Adams Group Finance Director 56,690 50,000
Liz Calder Publisher 31,179 27,019
The total number of Shares awarded to Executive Directors under the PSP is equal
to 0.28% of the issued share capital of the Company.
The Executive Directors have a total beneficial interest (excluding PSP Awards)
in 3.86% of the issued share capital of the Company.
PDMRs
Name PSP Award (number)
Jill Coleman 49,249
Richard Cordeschi 5,146
Minna Fry 42,517
Sarah Odedina 42,517
Alexandra Pringle 42,517
Karen Rinaldi 43,100
Kathy Rooney 42,517
David Ward 35,431
Awards granted under the PSP will vest on 8 May 2010, but only to the extent
that certain performance criteria based on earnings per share growth and total
shareholder return are satisfied by the Company over a three year performance
period. No consideration is payable for the grant of the Awards and the receipt
of Shares is conditional upon meeting the performance criteria. It is intended
that the Company's employee benefit trust will acquire shares (either by way of
subscription for new shares, market purchase or from treasury) necessary to
fulfil any obligation arising from the vesting of the Awards.
The notification of these Awards is intended to satisfy the Company's
obligations under Section 324 of the Companies Act 1985 and Disclosure Rule
3.1.4.
Richard Cordeschi
Group Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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