Director/PDMR Shareholding

RNS Number : 8415W

Compass Group PLC

25 November 2010

 



25 November 2010

COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDING

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

1.  Long-Term Incentive Plan Award

On 25 November 2010, an award was made under the Compass Group PLC Long-Term Incentive Plan 2010 ("LTIP") to the Directors and PDMRs detailed below.  The number of Shares referred to is the maximum available if the corporate performance conditions for the period, which commenced on 1 October 2010 and ends on 30 September 2013, are satisfied in full.  There will be no retesting of the award.

Name	Director or PDMR	Shares Under Conditional Award
Richard Cousins	Director	321,678
Gary Green	Director	185,630
Andrew Martin	Director	144,754
Andrew Furlong	PDMR	112,930
Aymar Henin	PDMR	37,048
Jane Kingston	PDMR	81,338
Takeshi Kohjima	PDMR	59,976
Gerhard Poelzl	PDMR	75,396
Miguel Ramis	PDMR	144,142
Ian Sarson	PDMR	61,836
Juergen Thamm	PDMR	44,390
Mark White	PDMR	90,988

Under the LTIP, participants may become entitled to Shares if the Company satisfies stringent corporate performance targets based upon Total Shareholder Return relative to companies in the FTSE 100 index (excluding its financial services constituents), and Free Cash Flow, each relating to 50% of an award.  

2.  Long-Term Incentive Plan Release

On 25 November 2010, the following Directors and PDMRs requested the release of their vested awards made under the LTIP (which were 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 the following Shares were issued:

Name	Director or PDMR	Number of Shares
Gary Green	Director	323,522
Andrew Martin	Director	331,126
Andrew Furlong	PDMR	149,006
Jane Kingston	PDMR	188,742
Mark White	PDMR	211,920

The Shares noted below were sold on 25 November 2010 at 549.9346 pence per Share in order to realise sufficient funds to settle resultant UK and/or overseas tax and social security liabilities arising from such issue as shown below:    

Name	Number of Shares sold
Andrew Martin	174,157
Andrew Furlong	68,166
Jane Kingston	99,270
Mark White	111,460

3.  Disposal of Shares

On 24 November 2010, Gary Green sold 365,938 Shares at a price of 550.3331 pence per Share. 

4. Resultant Shareholdings

Following the transactions detailed above, Messrs Green, Martin, Furlong, White and Ms Kingston are interested in Shares as shown below:

Name	Number of Shares	Percentage of Issued Share Capital
Gary Green	1,184,253	0.0628%
Andrew Martin	777,520	0.0412%
Andrew Furlong	80,840	0.0043%
Jane Kingston	185,066	0.0098%
Mark White**	207,793	0.0110%

**   The net amount of 100,460 Shares issued as detailed in 2. above are registered in the name of Mrs M B White.  

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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