Director/PDMR Shareholding

RNS Number : 2774U

Dechra Pharmaceuticals PLC

19 December 2011

 



Dechra Pharmaceuticals PLC 

("the Company")

 Directors / PDMR Share Dealing

19 December 2011

Dechra Pharmaceuticals PLC announces the following:

Exercise of LTIP options:

On 16 December 2011, the following Directors exercised options over ordinary shares of 1p each in the Company, granted to them on 19 November 2008 pursuant to the Dechra Pharmaceuticals PLC Long Term Incentive Plan (the LTIP): 

Name	Capacity	Options Exercised	Shares Sold	Sale Price per share	Total beneficial shareholding following this announcement	Percentage of issued share capital
Ian Page	Director	65,842	34,167	£5.0004	757,955	1.135%
Simon Evans	Director	41,386	0	0	924,075	1.384%
Edwin Torr	Director	39,505	39,505	£5.0004	412,500	0.618%
Zoe Goulding	PDMR	3,762	1,953	£5.0004	4,299	0.006%

The exercise of the LTIP options were subject to the achievement of performance conditions which vested at 71.11% of the total award.

All Directors (other than Simon Evans) and the PDMR have sold sufficient shares (acquired pursuant to the LTIP exercise) in order to fund the resulting tax liability.  

For further information

Zoe Goulding, Company Secretary            

Telephone number: 01782 771100

 

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