Director/PDMR Shareholding

RNS Number : 7141G

IMI PLC

04 February 2010

 

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

         IMI 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)

         Disclosure relates to point (i)

3.      Name of person discharging managerial responsibilities/director

         Martin Lamb - Director and PDMR

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

         NA

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 in respect of person named in 3 above

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

         Ordinary Shares of 25p each

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

         Martin Lamb

8       State the nature of the transaction

         Exercise of 1,335 options granted under the terms of the IMI SAYE Share Option (1994) Scheme on 6^th April 2004 and retention of the shares.

         Exercise of 378 options granted under the terms of the IMI Sharesave Plan on 4^th April 2006 and retention of the shares.

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

         1,713

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

         0.000005%

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

         NA

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

         NA

13.     Price per share or value of transaction

         289.00p in respect of the 2004 options
494.55p in respect of the 2006 options

14.     Date and place of transaction

         London, 3 February 2010

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

         402,901    -     0.13%

16.     Date issuer informed of transaction

         3 February 2010

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

17      Date of grant

         NA

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

         NA

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

         NA

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

         NA

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

         NA

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

         NA

23.     Any additional information

         NA

24.     Name of contact and telephone number for queries

         H Afford - Corporate Counsel - 0121 717 3783

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

H Afford - Corporate Counsel

Date of notification

4 February 2010

END

 

END

 

 

RDSSSFFMLFSSEFE