Director/PDMR Shareholding

RNS Number : 8152U

Ferrexpo PLC

19 May 2008

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. 

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. 

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. 

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

FERREXPO PLC

2. State whether the notification relates to 

(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or 

(iii) both (i) and (ii)

This notification relates to transactions notified in accordance with (i), DR 3.1.4R(1)(a).

3. Name of persons discharging managerial responsibilities/director

Directors

Mr Dennis McShane 

Mr Chris Mawe

Mr Mike Oppenheimer

Persons Discharging Managerial Responsibility

Mr John Dawe

Mr Nikolay Goroshko

Mr Nikolay Kladiev

Mr Viktor Lotous

Mr Simon Wandke

Mr David Webster

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/directors named in 3 and identify the connected person

Notification only relates to persons named in 3.

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Notification only relates to persons named in 3.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 10 pence each in Ferrexpo plc ('Ordinary Shares').

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Greenwood Nominees Limited

8 State the nature of the transaction

Acquisition of an interest pursuant to awards approved by the remuneration committee of the Company under the Ferrexpo Long Term Incentive Plan ('LTIP'), which was approved by shareholders on 15 May 2008.  

9. Number of shares, debentures or financial instruments relating to shares acquired

2008 Awards made under the LTIP 

Mr Dennis McShane      100,000 Ordinary Shares 

Mr Chris Mawe          100,000 Ordinary Shares

Mr Mike Oppenheimer    180,000 Ordinary Shares

Mr John Dawe            25,000 Ordinary Shares

Mr Nikolay Goroshko     25,000 Ordinary Shares

Mr Nikolay Kladiev      25,000 Ordinary Shares

Mr Viktor Lotous        50,000 Ordinary Shares

Mr Simon Wandke         50,000 Ordinary Shares

Mr David Webster        50,000 Ordinary Shares

Transitional Awards made under the LTIP

Mr Dennis McShane       75,000 Ordinary Shares 

Mr Chris Mawe           65,000 Ordinary Shares

Mr Mike Oppenheimer    180,000 Ordinary Shares

Mr Viktor Lotous        20,000 Ordinary Shares

Mr Simon Wandke         25,000 Ordinary Shares

Mr David Webster        50,000 Ordinary Shares

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

2008 Awards made under the LTIP 

Mr Dennis McShane    0.0163% 

Mr Chris Mawe        0.0163%

Mr Mike Oppenheimer  0.0293%

Mr John Dawe         0.0041%

Mr Nikolay Goroshko  0.0041% 

Mr Nikolay Kladiev   0.0041%

Mr Viktor Lotous     0.0081%

Mr Simon Wandke      0.0081% 

Mr David Webster     0.0081%  

Transitional Awards made under the LTIP

Mr Dennis McShane    0.0122% 

Mr Chris Mawe        0.0106%

Mr Mike Oppenheimer  0.0293%

Mr Viktor Lotous     0.0033%

Mr Simon Wandke      0.0041%

Mr David Webster     0.0081%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

LTIP awards are made at nil cost

14. Date and place of transaction

16 May 2008, Baar, Switzerland

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

                            Interest             Percentage

                    (no. of Ordinary        of issued share

   Shares)                capital

Mr Dennis McShane          1,044,709                0.1702% 

Mr Chris Mawe                165,000                0.0269%

Mr Mike Oppenheimer        1,875,177                0.3054%

Mr John Dawe                  35,838                0.0058% 

Mr Nikolay Goroshko          100,759                0.0164% 

Mr Nikolay Kladiev            53,303                0.0090%

Mr Viktor Lotous             145,799                0.0237%

Mr Simon Wandke               75,000                0.0122% 

Mr David Webster             148,221                0.0241%  

16. Date issuer informed of transaction

16 May 2008

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

N/A 

18. Period during which or date on which it can be exercised

N/A 

19. Total amount paid (if any) for grant of the option

N/A 

20. Description of shares or debentures involved (class and number)

N/A 

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A 

22. Total number of shares or debentures over which options held following notification

N/A 

23. Any additional information

The terms of the LTIP were approved by shareholders at the annual general meeting of the Company held on 15th May 2008. Details of the LTIP can be found in the Ferrexpo plc 2007 Annual Report on pages 51 to 56.

24. Name of contact and telephone number for queries

Mr Chris Stamp - [phone]

Name and signature of duly authorised officer of issuer responsible for making notification

Mr Chris Stamp, Authorised Representative, Prism Cosec Ltd - Company Secretary, Ferrexpo plc.

Date of notification

19 May 2008

END

 

END

 

 

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