Director/PDMR Shareholding

RNS Number : 6930C

Glanbia PLC

03 September 2008

SCHEDULE 11

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

This form is intended for use by an issuer to make a RIS notification required by the Market Abuse Rules and section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990.

(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 the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

All relevant boxes should be completed in block capital letters

1	Name of the Issuer GLANBIA plc
2	State whether the notification relates to: (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). (i)
3	Name of person discharging managerial responsibilities/director SIOBHAN TALBOT, PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
4	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person NOT APPLICABLE
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 IS IN RESPECT OF THE DISPOSAL OF SHARES BENEFICIALLY OWNED BY SIOBHAN TALBOT
6	Description of shares (including class) debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF €0.06
7	Name of registered shareholder(s) and, if more than one, number of shares held by each of them DAVY NOMINEES LIMITED
8	State the nature of the transaction DISPOSAL OF SHARES
9	Number of shares, debentures or financial instruments relating to shares acquired NOT APPLICABLE
10	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) NOT APPLICABLE
11	Number of shares, debentures or financial instruments relating to shares disposed 160,000
12	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) NOT MATERIAL, LESS THAN 1%
13	Price per share or value of transaction 4.45
14	Date and place of transaction 3 SEPTEMBER 2008 - DUBLIN
15	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) TOTAL HOLDING/INTERESTS FOLLOWING NOTIFICATION: 17,693 ORDINARY SHARES OF €0.06 EACH 75,000 OPTIONS UNDER 2002 LONG TERM INCENTIVE PLAN, AT AN EXERCISE OF €2.725 PER SHARE ADDITIONALLY, AS A PARTICIPANT OF THE 2002 LONG TERM INCENTIVE PLAN, S TALBOT IS ELIGIBLE FOR A SHARE AWARD OF: 10% OF THE 75,000 ORDINARY SHARES THAT SHE CONTINUES TO HOLD FOLLOWING THE SECOND ANNIVERSARY OF THE EXERCISE OF THE SHARE OPTION. AWARD IN RESPECT OF UP TO 24,000 ORDINARY SHARES OF €0.06 EACH MAY VEST UNDER THE 2007 GLANBIA PLC LONG TERM INCENTIVE PLAN AWARD IN RESPECT OF UP TO 45,000 ORDINARY SHARES OF €0.06 EACH MAY VEST UNDER THE 2008 GLANBIA PLC LONG TERM INCENTIVE PLAN PERCENTAGE HOLDING: NOT MATERIAL, LESS THAN 1%
16	Date issuer informed of transaction 3 SEPTEMBER 2008

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

17	Date of grant
18	Period during which or date on which it can be exercised
19	Total amount paid (if any) for grant of the option
20	Description of shares or debentures involved (class and number)
21	Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise
22	Total number of shares or debentures over which options are held following notification 75,000 OPTIONS UNDER 2002 LONG TERM INCENTIVE PLAN, AT AN EXERCISE OF €2.725 PER SHARE ADDITIONALLY, AS A PARTICIPANT OF THE 2002 LONG TERM INCENTIVE PLAN, S TALBOT IS ELIGIBLE FOR A SHARE AWARD OF: 10% OF THE 75,000 ORDINARY SHARES THAT SHE CONTINUES TO HOLD FOLLOWING THE SECOND ANNIVERSARY OF THE EXERCISE OF THE SHARE OPTION. AWARD IN RESPECT OF UP TO 24,000 ORDINARY SHARES OF €0.06 EACH MAY VEST UNDER THE 2007 GLANBIA PLC LONG TERM INCENTIVE PLAN AWARD IN RESPECT OF UP TO 45,000 ORDINARY SHARES OF €0.06 EACH MAY VEST UNDER THE 2008 GLANBIA PLC LONG TERM INCENTIVE PLAN
23	Any additional information
24	Name of contact and telephone number for queries JOHN ROCHE +353 56 7772212