Director/PDMR Shareholding

RNS Number : 9076F

Guinness Peat Group PLC

26 February 2015

 



26 February 2015

Guinness Peat Group plc ('GPG')

Director/PDMR Shareholding

Notification of transactions of directors, persons discharging managerial responsibility or connected persons

This notification is made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.

On 26 February 2015 the following persons discharging managerial responsibilities ('PDMR') listed below acquired an interest over ordinary shares of 0.05p pence each in GPG in the form of nil cost share option awards under the terms of the Coats plc Long Term Incentive Plan.

The awards may vest following the announcement of results for the financial year ending 31 December 2016, subject to the satisfaction of performance conditions measured over a three year performance period commencing on 1 January 2014 relating to growth in attributable profit, total shareholder return and free cash flow. The options are over existing market-purchased shares and no new issue shares will be delivered.  

The maximum number of shares which could vest if the performance conditions are met, is shown opposite the name of each PDMR set out below:

Name	Role	Number of Share Options
Paul Forman	PDMR	2,313,043
Richard Howes	PDMR	1,521,739
Rajiv Sharma	PDMR	1,719,682

Stuart Morgan

Company Secretary

26 February 2015

Enquiry details

UK media                                                          Richard Mountain           [phone]

New Zealand and Australian media                      Geoff Senescall             [phone]

Investors                                                           Jaideep Thatai               [phone]

 

END

 

 

RDSSEDEFIFISEIE