Director/PDMR Shareholding &

RNS Number : 1916Y

Compass Group PLC

17 December 2010

 



17 December 2010

COMPASS GROUP PLC

1.  DIRECTOR/PDMR SHAREHOLDING

Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility in ordinary shares of 10 pence each in the share capital of the Company ("Shares").

 Long-Term Incentive Plan Release

On 16 December 2010, Richard Cousins, Group Chief Executive, requested the release of a vested award made under the Compass Group Long-term Incentive Plan (which was granted for nil consideration) following satisfaction of both the Free Cash Flow and Total Shareholder Return performance conditions in the three years ended 30 September 2010, and 529,800 Shares were issued accordingly.

In order to realise sufficient funds to settle resultant UK tax and social security liabilities arising from such issue, 270,584 Shares were sold on 16 December 2010 at 576.8326 pence per Share.  A further 120,000 Shares were disposed at the same time at the same price.   

The resulting net amount of 139,216 Shares are registered into the name of Mrs Caroline Cousins.  Following the transactions detailed above, Mr Cousins' and his connected persons' shareholding has increased to 1,173,827 Shares, representing 0.0621% of the issued share capital.

2.  DIRECTOR DECLARATION

Compass Group PLC confirms that Sir Roy Gardner, Chairman, has been appointed as Chairman of Spice Limited with effect from today.  Spice Limited is a leading provider of outsourced infrastructure support services in the fields of Utility and Energy.

ENDS

Enquiries:

Compass Group PLC

[phone]

Investors/Analysts: Mark J White, General Counsel & Company Secretary

Media: Chris King, Group Head of Media Relations

Note to Editors

Compass Group is the world's leading foodservice company. We specialise in providing food, vending and related services on our clients' premises and we generated annual revenues of over £14.5 billion in the year to 30 September 2010. The company operates across the following core sectors of Business & Industry, Defence, Offshore & Remote Site, Healthcare & Seniors, Education and Sports & Leisure with an established brand portfolio. For more information visit www.compass-group.com. 

 

END

 

 

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