Director/PDMR Shareholding

RNS Number : 2334L

Filtronic PLC

31 August 2012

 



Filtronic plc

Performance Share Plan Awards and Director Shareholdings

Filtronic plc, the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market, announces that, following the achievement of performance targets for the year to 31 May 2012, a total of 220,417 ordinary shares of 10p each in the Company ("Ordinary Shares") have vested in certain executive directors and senior employees under its 2009 Performance Share Plan. This number of shares which have vested is stated after deduction of tax and national insurance.

Accordingly the Company has on 30 August 2012 purchased 220,417 shares in the market at 32.5p and has transferred these shares at 29p, being the market price of the Ordinary Shares at the vesting date, to the employees including the following:

Director/ PDMR	No of Ordinary Shares Vested	Resultant interest in Ordinary Shares	% of total voting rights
Dr Hemant Mardia	134,696	517,221	0.53
Michael Brennan	44,432	98,165	0.10
Maura Moynihan (PDMR)	23,022	94,222	0.10

The holdings of Dr Mardia include those of his connected parties. 

Enquiries:

Filtronic plc	Tel. [phone]
Howard Ford, Chairman
Alan Needle, CEO
Mike Brennan, CFO
Panmure Gordon (UK) Limited	Tel. [phone]
Dominic Morley
Walbrook PR Ltd	Tel. [phone]
Paul McManus	Mob. [phone] or [e-mail]
Helen Westaway	Mob. [phone] or [e-mail]

 

END

 

 

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