10 March 2011
IMI plc (the "Company")
Director/PDMR Shareholding
This information is disclosed under DTR 3.1.4R(1)
GRANT OF AWARDS UNDER THE 2005 LONG TERM INCENTIVE PLAN, KNOWN AS THE PERFORMANCE SHARE PLAN ("PSP")
On 10 March 2011 the Company granted to each of the following Persons Discharging Managerial Responsibility awards over the number of ordinary shares of £0.25 each in the Company shown against his name below in accordance with the rules of the PSP.
Name |
Position
|
Number of shares |
Martin Lamb |
Chief Executive
|
75,300 |
Douglas Hurt |
Finance Director
|
41,300 |
Roy Twite |
Executive Director
|
39,000 |
Ian Whiting |
Executive Director
|
36,000 |
Sean Toomes |
President, Indoor Climate
|
21,100 |
No consideration was paid for the grant of the awards. Martin Lamb, Douglas Hurt and Roy Twite received nil cost options and Ian Whiting and Sean Toomes each received a deferred share award. Under normal circumstances, the awards will vest on 10 March 2014, subject to the applicable performance conditions being met.
Enquiries to:
Helen Afford Corporate Counsel Tel: 0121 717 3700
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